HDFC Bank Ltd. vs. Ld. District Collector & District Magistrate & Ors.

Securitization & Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002–Secs. 14 & 13(2)–Rejection of application with observation that the demand notice u/s. 13(2) has not been served upon the LRs. in conformity with the procedure provided under Rule 3–Justification–Notice was served to LRs.–It was affixed on the door as well it was published in two leading newspapers–Impugned order is set aside and the petitioner is directed to file a fresh application.