SBI acting as per remedies available under SARFAESI cannot be termed as dominant entity
Last updated: 04 January 2023
Court :
Competition Commission of India
Brief :
A bank acting as per the remedies available to it under the SARFAESI Act for recovery cannot be termed as a dominant entity when it acts in accordance with provision thereof as it is acting in recovery of its funds/money in order to mitigate losses in such transaction (where account has been declared NPA).
Citation :
RH Agro Private Limited vs. State Bank of India and Ors
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FCS Deepak Pratap Singh
Published in Corporate Law
Views : 177
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