ENANALLOOR SERVICE CO-OPERATIVE BANK LIMITED vs. THE INCOME TAX OFFICER (1 AND C)
In the result, this Original Petition is allowed by quashing
ITA/73/2018HC Kerala19 Feb 2020
Bench: HONOURABLE MR.JUSTICE C.K.ABDUL REHIM,HONOURABLE MR. JUSTICE AMIT RAWAL
Section 13(2)Section 13(4)Section 17
227 of the
Constitution of India, contending that the Debts Recovery
Tribunal was not justified in entertaining the time barred
Securitisation Application as the same was filed beyond the
period of 45 days.
4.
Learned counsel for the petitioner drew my attention
to the relevant provision, Section 17 of the SARFAESI Act and
argued that the guarantor or borrower