Case Law Analysis
|Delhi High Court
Fraud Allegations Permit Writ Jurisdiction Against ARC Despite SARFAESI Remedy | Section 34 SARFAESI Act : Delhi HC
The Delhi High Court held a writ petition maintainable against an ARC for alleged fraud in security-interest creation, despite SARFAESI’s remedy. It directed exclusion of the petitioner’s one-third share from the e-auction.