QUERY / LEGAL AID

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.
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