The right of Borrower to redeem would be available till the sale certificate is registered and the possession is handed over after which the Borrower will not have a right for redemption under the unamended provision of Section 13(8) of the SARFAESI Act, 2002 – Surinder Pal Singh Vs. Vijaya Bank & Ors. – Supreme Court

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Power of Attorney given to the employee to the Syndicate Bank prior to the merger, who later has become the employee of the Canara Bank by virtue of the merger, would suffice and would be a proper authorisation for him to file an application u/s 7 of IBC- Vijaya Durga Green Fields Pvt. Ltd. Vs. Canara Bank – NCLT Amaravati Bench

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