Case Law Analysis
|Madhya Pradesh High Court
SARFAESI Act | 10% Deposit & Coercive Stay Granted Pending DRT Functionality : MP HC Follows SC Precedent
Madhya Pradesh High Court directs borrowers to deposit 10% of dues and stays coercive action under SARFAESI Act until DRT becomes functional, aligning with Supreme Court precedent. The ruling balances creditor rights with procedural fairness during tribunal inoperability, setting a precedent for interim relief in debt recovery disputes.