No Writ maintainable against NBFC: Delhi HC directs Petitioner to approach DRT under SARFAESI Act [Read Order]

The Delhi HC directed the writ petitioner to approach the DRT under the SARFAESI Act.
By Saagarika Gopinath - On September 5, 2024 5:01 pm - 2 mins read
Delhi High Court - Delhi HC - SARFAESI Act - NBFC - DRT - Non-Banking Financial Company - High court news - Delhi HC directs Petitioner - TAXSCAN

In a recent ruling, the Delhi High Court dismissed a writ petition against Non-Banking Financial Company (NBFC) and directed the petitioner to approach DRT under the  Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. In this case, the petitioner, Ashish Kumar, had availed a home loan from the respondent…

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