Debt & Money Matters (Personal)
|19 min
Why Most DRAT Appeals Never Reach the Merits: Understanding the Pre-Deposit Requirement Under Section 18 of the SARFAESI Act
Introduction The appellate remedy under the SARFAESI Act, 2002 occupies a critical position within India's debt recovery framework. While the statute confers extensive enforcement powers upon secured creditors, it also provides borrowers and other aggrieved persons with statutory