An auction sale under the SARFAESI Act is vitiated and liable to be set aside if a clear fifteen days’ sale notice is not given to the borrower and ma...

A Section 9 application under the Insolvency and Bankruptcy Code could not have been dismissed as barred by Section 10A where at least part of the ope...

A promoter’s undertaking to arrange or infuse funds to enable the corporate debtor to comply with financial covenants does not constitute a contract o...

The Adjudicating Authority, while approving a resolution plan under the Insolvency and Bankruptcy Code, cannot insert or modify substantive terms not ...

Acknowledgment of debt by the principal borrower through revival letters, part-payments, and disclosures in audited balance sheets extended limitation...

An amendment to a pending Section 95 application under the Insolvency and Bankruptcy Code permitting change of the date of default is legally permissi...

An auction sale under the SARFAESI Act was held to be unsustainable and liable to be set aside where the secured creditor conducted the sale on the ba...

Section 35 of the SARFAESI Act does not override Article 371A of the Constitution, and in the absence of a valid security interest, any SARFAESI enfor...

A homebuyer’s claim, though filed belatedly after approval of the resolution plan by the Committee of Creditors, cannot be ignored where the allotment...