The Madhya Pradesh High Court at Jabalpur recently laid down that the provisions of the Arbitration and Conciliation Act, 1996 ( AC Act, 1996 ) can be invoked by a financial institution in addition to.
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Securitization and Reconstruction of Financial Assets and Enforcement of Security Interests Act, 2002 ( in short“SARFAESI”) was enacted to strengthen the Indian banking system by way of efficient or.