LEGAL QUERIES
Whether SARFAESI action can be initiated on agricultural properties? |
ANSWER/ OPINION: No. Section 31(i) expressly provides that SARFAESI action can not be initiated over the agricultural properties. |
Whether Civil Court may grant stay against the SARFAESI Action? |
ANSWER/ OPINION: No. Section 34 expressly provides that the Civil Court has not jurisdiction to entertain any matters which are the subject matters of the SARFAESI Act. |