Government Considering Amendments to SARFAESI and DRT Laws, Proposing Legal Validity for E-Notices
![](https://static.wixstatic.com/media/d515a3_d59d76d05d944a368d5b5a4e90c8e287~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_d59d76d05d944a368d5b5a4e90c8e287~mv2.webp)
![Government Considering Amendments to SARFAESI and DRT Laws, Proposing Legal Validity for E-Notices](https://static.wixstatic.com/media/d515a3_d59d76d05d944a368d5b5a4e90c8e287~mv2.jpg/v1/fill/w_209,h_181,fp_0.50_0.50,q_90,enc_auto/d515a3_d59d76d05d944a368d5b5a4e90c8e287~mv2.webp)
![](https://static.wixstatic.com/media/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.webp)
![An arbitration clause in the contract prevents arbitration until alternative remedies are made by the government](https://static.wixstatic.com/media/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_4e6a11e7f77945f4b953dcbc7a9b6199~mv2.webp)
- Mar 19
- 2 min
An arbitration clause in the contract prevents arbitration until alternative remedies are made by the government
![A director cannot be held liable for the dishonour of a cheque unless precise allegations demonstrate his direct involvement in the company's affairs](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Mar 18
- 2 min
A director cannot be held liable for the dishonour of a cheque unless precise allegations demonstrate his direct involvement in the company's affairs
![](https://static.wixstatic.com/media/d515a3_431deef0d41a40dfbf57b31880bc8a7c~mv2.jpg/v1/fill/w_242,h_242,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_431deef0d41a40dfbf57b31880bc8a7c~mv2.webp)
![The Auction Purchaser Cannot Prevent the Bank from Entering into a One Time Settlement as the Sale was not Confirmed](https://static.wixstatic.com/media/d515a3_431deef0d41a40dfbf57b31880bc8a7c~mv2.jpg/v1/fill/w_209,h_173,fp_0.50_0.50,q_90,enc_auto/d515a3_431deef0d41a40dfbf57b31880bc8a7c~mv2.webp)
- Mar 15
- 2 min
The Auction Purchaser Cannot Prevent the Bank from Entering into a One Time Settlement as the Sale was not Confirmed
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![Failure to duly register security interest, as mandated, renders the claimant ineligible for secured creditor status](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- Mar 14
- 3 min
Failure to duly register security interest, as mandated, renders the claimant ineligible for secured creditor status
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![Principles of Natural Justice, Including the Right to a Fair Hearing, is Essential in Adjudicatory Proceedings](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- Mar 13
- 2 min
Principles of Natural Justice, Including the Right to a Fair Hearing, is Essential in Adjudicatory Proceedings
![Sections 73 and 74 of the Indian Contract Act Do Not Apply to the Forfeiture of Earnest Money under Rule 9(5) of the SARFAESI Rules](https://static.wixstatic.com/media/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_f4ac4d7b133149e9b7279d836b198a5b~mv2.webp)
- Mar 12
- 2 min
Sections 73 and 74 of the Indian Contract Act Do Not Apply to the Forfeiture of Earnest Money under Rule 9(5) of the SARFAESI Rules
![](https://static.wixstatic.com/media/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.jpg/v1/fill/w_242,h_242,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.webp)
![Clear and conclusive evidence is essential in contractual disputes; the key legal principle involves discrediting unsupported oral agreements](https://static.wixstatic.com/media/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.jpg/v1/fill/w_209,h_173,fp_0.50_0.50,q_90,enc_auto/d515a3_f14718b5c1454764bd4eae3cf6b04743~mv2.webp)
- Mar 12
- 2 min
Clear and conclusive evidence is essential in contractual disputes; the key legal principle involves discrediting unsupported oral agreements
![](https://static.wixstatic.com/media/d515a3_648d82f29f3f41fe93f38def3c868fd0~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_648d82f29f3f41fe93f38def3c868fd0~mv2.webp)
![Major Banking Overhaul: 5-Day Work Week and 17% Salary Hike for Bank Employees](https://static.wixstatic.com/media/d515a3_648d82f29f3f41fe93f38def3c868fd0~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_648d82f29f3f41fe93f38def3c868fd0~mv2.webp)
- Mar 10
- 2 min
Major Banking Overhaul: 5-Day Work Week and 17% Salary Hike for Bank Employees
![](https://static.wixstatic.com/media/d515a3_23b7db904db24e46906949f576f6d816~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_23b7db904db24e46906949f576f6d816~mv2.webp)
![DY Chandrachud, CJI appeals Simplicity and Accessibility in Legal Judgments](https://static.wixstatic.com/media/d515a3_23b7db904db24e46906949f576f6d816~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_23b7db904db24e46906949f576f6d816~mv2.webp)
- Mar 9
- 2 min
DY Chandrachud, CJI appeals Simplicity and Accessibility in Legal Judgments