Oasis Dealcom Pvt. Ltd vs Khazana Dealcomm Pvt.Ltd. & Ors

The Supreme Court upheld the application of Section 13(2) of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, affirming that the bank's notice for recovery of dues was valid despite the borrowers disputing the amount. The Court clarified that the procedures outlined in the Act and the Security Interest (Enforcement) Rules, 2002 must be followed, including the requirement for proper notice and advertisement. The appeal against the High Court's dismissal of the revision petition was dismissed, affirming the lower court's orders.