Mumbai High Court hold that the DRT whilst deciding whether it has territorial jurisdiction to entertain a Securitisation Application filed under section 17 of the SARFAESI Act would be guided by the principles enshrined in section 19(1) of the RDDB Act and not by section 16 of the Code of Civil Procedure, 1908, the Court said.
Read more at: http://www.livelaw.in/situs-of-the-mortgaged-property-is-not-determinative-of-the-territorial-jurisdiction-of-the-drt-bombay-hc/
Situs of the Mortgaged Property is not determinative of Territorial Jurisdiction of the DRT: Bombay HC | Live Law
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