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
II, Ernakulam and dismiss the SA and restore
the sale conducted by the petitioner in favour of the 4th
respondent.
(b) Declare that the SA was not maintainable before the
Debts Recovery Tribunal since the same was beyond the
period of limitation under Section 17 of the
Securitization Act.
Respondent Nos.1 and 2 are the guarantors whereas
the 3rd
respondent
