Question

An appeal against measures taken under Section 13(4) lies to which forum under Section 17?

Q: Answer-An appeal against measures taken under Section 13(4) lies to which forum under Section 17?

Section 17 of the SARFAESI Act provides that any person, including the borrower, aggrieved by the measures taken by the secured creditor under Section 134 may make an application to the Debts Recovery Tribunal within forty-five days. The DRT examines whether the measures were taken in accordance with the Act. This provides a statutory remedy and ensures that the enforcement action is subject to scrutiny. The DRT can restore possession or management if the action was unlawful.