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 ...
NCLT Mumbai Holds That Mere Initiation Of SARFAESI Proceedings Is Not Sufficient Reason To Condone Delay The National Company Law Tribunal (NCLT), Mumbai Bench, has dismissed an application filed...
NCLT Kochi: Creditors Can Initiate Proceedings Against Corporate Debtors and Personal Guarantors Simultaneously The Kochi Bench of the National Company Law Tribunal (NCLT), with Justice T Krishna...
Supreme Court Questions Resolution Professional Filing Appeal Against NCLAT Order, Calls for Neutrality In the case of Regen Powertech Private Limited vs. Giriraj Enterprises and another, the...
RBI Imposes Fines on Major Banks for Regulatory ViolationsThe Reserve Bank of India (RBI) on 25 September 2023, imposed fines on the State Bank of India, Indian Bank, Punjab & Sind Bank, and...
Bank liable If Customer Loses Money Due to Unauthorized Withdrawal from Account: Kerala Consumer Court Directs the State Bank of India to compensate the complainant for deficiency in service The...
Karnataka High Court: Public Banks cannot Act as Private Lender Observes that the State Bank of India acted without reason The Karnataka High Court has granted relief to Legends Property, a...
After Supreme Court order on banking fraud, RBI to issue new guidelines The bench cleared that not providing the opportunity of hearing to a person was an infraction of his rights under the...
Kerala High Court in SBI’s Appeal: Writ Jurisdiction Cannot be Invoked in Connection to Grant of Loan The Kerala High Court by its division-judges bench comprising of Chief Justice S.V.N. Bhatti and...
NCLT Mumbai Initiated CIRP Against Sterling Oil Resources for Defaults of More than Rs. 1655 Crores The National Company Law Tribunal (NCLT) Mumbai bench comprising of Kishore Vemulapalli (Judicial...
Cyril Amarchand Mangaldas Advised SBI on Financing of JSW Energy’s Acquisition of Assets of Mytrah Energy Cyril Amarchand Mangaldas advised State Bank of India (SBI) on extending a term loan of Rs....
NCLT Approved Silver Point Acquisition Over IVRCL Chengapalli Tollways The National Company Law Tribunal (NCLT), Hyderabad by its division member bench comprising of Telaprolu Rajani (Judicial...
