Courts Have No Power To Extend Prescribed Period Of Limitation On Grounds Of Equity And Justice: Karnataka High Court

The Karnataka High Court addressed a ruling on DRT condonation of delay under the SARFAESI Act. This decision clarifies the circumstances under which delays can be condoned. It ensures that procedural requirements are balanced with substantive justice. This ruling underscores the importance of adhering to legal timelines. It highlights the court's discretion in condoning delays. The High Court's order provides clarity on SARFAESI Act procedures.