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Bank can't retain debtor's property taken under SARFAESI Act prior to declaration of moratorium

August 9, 2019[2019] 107 taxmann.com 100 (NCL-AT)
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IBC: Even where possession of property of corporate debtor was taken by bank under SARFAESI Act prior to declaration of moratorium under Code, in view of overriding effect of Code, bank could not retain possession of property belonging to corporate debtor

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