Case Law Analysis
|Bombay High Court
SARFAESI Act | Oral Directions Cannot Replace Written Interim Orders: Bombay HC Stays DRT's Possession Restoration
Bombay High Court rules that oral directions by a tribunal cannot substitute written interim orders under the SARFAESI Act, emphasizing procedural fairness. The ruling protects secured creditors from premature possession restoration without proper legal safeguards, reinforcing the necessity of written orders in recovery proceedings.