SARFAESI & DRT
SARFAESI Section 13(2) Notice: Timelines, Representation and Next Steps
A practical overview of the documents, statutory timeline and issues commonly reviewed after receipt of a Section 13(2) demand notice.
Points to review
- Read the demand notice with the facility and security documents.
- Check the enforcement chronology and account material.
- Identify the date-sensitive statutory steps and preserve the record of any representation.
- Consider forum and remedy only after confirming the exact enforcement stage.
This article is general information only. The applicable remedy and procedure depend on the documents, dates, current law, forum and stage of the specific matter. An enquiry does not protect a deadline.
Information to organise for an enquiry
- Proposed client and opposing parties
- Notice or order date and present forum
- Current stage and known upcoming date
- A short, non-confidential factual summary
Related practice information
Submit matter for preliminary review
Consultation and any further professional work require conflict review, express acceptance and separately agreed terms.
All legal insights →