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MARS EQUIPMENTS LIMITED is a company involved in legal proceedings related to financial assets and security interest. The company, through its Director Shri Pushpendra Singh, has been involved in a case challenging an order passed by the Debt Recovery Tribunal, Lucknow. The core of the dispute appears to be related to the possession of property under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Sarfaesi Act). The company has also been cited in a subsequent case by the Allahabad High Court.
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