Pending SARFAESI proceedings before DRT cannot stall Academic Growth: Madras HC grants relief to Pharmacy College

17 September 2026 · Reported by Taxscan

The Madras High Court held that pending SARFAESI proceedings before the DRT could not be used by a university to halt the academic growth of a pharmacy college if statutory conditions were otherwise met. The report is relevant to secured creditors and borrowers because it separates property recovery proceedings from unrelated regulatory permissions over the same institution.

We have not written our own note on this one yet. The source report and, where we found it, the primary document are linked below.

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