When an auction sale of a property is invalidated, banks cannot automatically demand physical possession of the property from the tenant who successfu...

Section 9 application filed by the Operational Creditor was barred by Section 10A of the Insolvency and Bankruptcy Code, 2016, as the default period f...

Despite the Appellant's demand for interest on the sale consideration amount, the Appellate Tribunal concluded that the Liquidator cannot be held liab...

The Appellate Tribunal dismissed the Condone Delay Application, noting that the petitioner failed to apply for a certified copy and filed the appeal b...

Disputes arising from banking transactions, specifically those governed by the SARFAESI Act, fall within the exclusive jurisdiction of specialized tri...

When a civil suit is dismissed, indicating the absence of a legally recoverable debt, a secured creditor cannot proceed independently under the Securi...

The NCLAT upheld the Adjudicating Authority's decision, affirming Greater Noida Industrial Development Authority's status as a Secured Creditor. This ...

The dismissal of the Section 9 Application is due to the pre-existing dispute between the parties, as evidenced by the Corporate Debtor's objections r...

Holders of recovery certificates, which are similar to decrees, are considered Financial Creditors under the Insolvency and Bankruptcy Code. Additiona...