Attachments effected after mortgage created in bank's favor do not impact sale under SARFAESI Act: Andhra Pradesh High Court Allows the writ petitions and grants relief to the State Bank of India ...
Delhi High Court: DRT cannot entertain less than Rs.10 lakh claim under SARFAESI Act The IDFC First Bank had challenged the rejection of its Section 13(10) application for lack of pecuniary...
Kerala High Court Rules on SARFAESI Act Interim Orders and Article 227 Supervisory Jurisdiction The Kerala High Court recently ruled that an order passed in an interim application under Section 18...
Under SARFAESI Act, Borrower Has Right To Redeem Mortgaged Property Till Sale Is Registered And Possession Taken: Supreme Court Rules that on receiving the entire outstanding loan amount from the...
Kerala High Court Advises Against Writ Courts’ Interference With Statutory Proceedings Under SARFAESI Act While dismissing the appeal, the bench considered that it was an abuse of the process of...
NCLT Mumbai Admits Petition against Sahara India Medical Institute, Initiates Insolvency Process The National Company Law Tribunal (NCLT) in Mumbai, consisting of Kishore Vemulapalli (Judicial...
Supreme Court: High Court under Section 482 CrPC Cannot Quash Order Passed by Magistrate under Section 14 of SARFAESI Act The Supreme Court has affirmed that a High Court cannot quash an order passed...
Karnataka High Court: Loan default no reason to curtail travel of citizen The petitioner was neither an accused in any crime, nor sought to be made one; he was only a loan guarantor The...
Bombay High Court: Challenge to recovery notice under SARFAESI Act to be dealt by Debts Recovery Tribunal This would be subject to the situation that no fraud was committed The Bombay High Court...
Supreme Court Criticizes High Courts Entertaining Writ Petitions Cases Pertaining to SARFAESI Act even after Debt Recovery Tribunal became Functional The Supreme Court has expressed its criticism by...
Madhya Pradesh High Court: ‘Documentary Evidence’ not Obligatory to Avail Remedy under Section 17 of SARFAESI Act against Secured Creditor The Madhya Pradesh High Court has observed that ‘Documentary...
Delhi High Court Dismisses Supertech Homebuyers Plea Seeking to Stop Banks from Charging EMIs from them The Delhi High Court dismissed the Supertech Urban Home Buyers Association (SUHA) Foundation...
