"Since a specific right is vested in a secured creditor to enforce a security interest, by issuance of a sale notice under Section 13 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Sarfaesi Act), that specific right cannot be ousted by an order made by an arbitral tribunal," a single judge bench of Justice Anup J Bhambhani said.
