Corporate Law | HFC Classified as NBFC Cannot Invoke SARFAESI for Secured Debt Below Rs. 20 Lakh: Calcutta HC
Calcutta HC held Piramal Capital, being an HFC classified as NBFC, cannot invoke SARFAESI where secured debt is below Rs. 20 lakh threshold. The post HFC Classified as NBFC Cannot Invoke SARFAESI for Secured Debt Below Rs. 20 Lakh: Calcutta HC appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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