Supreme Court's Personal Guarantor Insight Empowers Creditors in Insolvency Maze under IBC
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![Supreme Court's Personal Guarantor Insight Empowers Creditors in Insolvency Maze under IBC](https://static.wixstatic.com/media/d515a3_f9ce9cba30424ba1baf23eda311e6307~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_f9ce9cba30424ba1baf23eda311e6307~mv2.webp)
![](https://static.wixstatic.com/media/d515a3_94e6eb73f3e043dd9c47e4fcda814015~mv2.jpeg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_94e6eb73f3e043dd9c47e4fcda814015~mv2.webp)
![The Mediation Act 2023 receives the assent of the President](https://static.wixstatic.com/media/d515a3_94e6eb73f3e043dd9c47e4fcda814015~mv2.jpeg/v1/fill/w_209,h_180,fp_0.50_0.50,q_90,enc_auto/d515a3_94e6eb73f3e043dd9c47e4fcda814015~mv2.webp)
- Sep 22, 2023
- 2 min
The Mediation Act 2023 receives the assent of the President
![](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)
![Even though an alternative statutory remedy exists, High Court can still exercise its jurisdiction](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)
- Aug 4, 2023
- 2 min
Even though an alternative statutory remedy exists, High Court can still exercise its jurisdiction
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![Amount Claimed in the Demand Notice Under SARFAESI Act is relevant for determining the pre-deposit](https://static.wixstatic.com/media/d515a3_0addceda98114f0c97bea599f04ce0ce~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0addceda98114f0c97bea599f04ce0ce~mv2.webp)
- Jul 21, 2023
- 2 min
Amount Claimed in the Demand Notice Under SARFAESI Act is relevant for determining the pre-deposit
![](https://static.wixstatic.com/media/d515a3_99707bcca57e4a389d86353e25427cdb~mv2.jpeg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_99707bcca57e4a389d86353e25427cdb~mv2.webp)
![If the SARFAESI Auction Sale is Not Confirmed, the Forfeiture of the Advance Amount is Not Valid](https://static.wixstatic.com/media/d515a3_99707bcca57e4a389d86353e25427cdb~mv2.jpeg/v1/fill/w_209,h_180,fp_0.50_0.50,q_90,enc_auto/d515a3_99707bcca57e4a389d86353e25427cdb~mv2.webp)
- Jun 11, 2023
- 3 min
If the SARFAESI Auction Sale is Not Confirmed, the Forfeiture of the Advance Amount is Not Valid
![](https://static.wixstatic.com/media/d515a3_8c587bb382ea40b0bb876a211b18d955~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_8c587bb382ea40b0bb876a211b18d955~mv2.webp)
![High Court Prohibits Banks & FIs From Forcefully Seizing Vehicles Without Following Legal Procedures](https://static.wixstatic.com/media/d515a3_8c587bb382ea40b0bb876a211b18d955~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_8c587bb382ea40b0bb876a211b18d955~mv2.webp)
- Jun 6, 2023
- 3 min
High Court Prohibits Banks & FIs From Forcefully Seizing Vehicles Without Following Legal Procedures
![](https://static.wixstatic.com/media/d515a3_e95d5b3dd1624495a987a8ee2ae254cd~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_e95d5b3dd1624495a987a8ee2ae254cd~mv2.webp)
![The auction purchaser is responsible for settling the electricity dues of the previous owner: All HC](https://static.wixstatic.com/media/d515a3_e95d5b3dd1624495a987a8ee2ae254cd~mv2.jpg/v1/fill/w_209,h_180,fp_0.50_0.50,q_90,enc_auto/d515a3_e95d5b3dd1624495a987a8ee2ae254cd~mv2.webp)
- Jun 6, 2023
- 2 min
The auction purchaser is responsible for settling the electricity dues of the previous owner: All HC
!['Audi Alteram Partem' in Banking Law Ensures Fairness in Account Classification as Fraud: SC](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)
- Jun 3, 2023
- 4 min
'Audi Alteram Partem' in Banking Law Ensures Fairness in Account Classification as Fraud: SC
![](https://static.wixstatic.com/media/d515a3_629a3d0e61124855892774ba0989eaa0~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_629a3d0e61124855892774ba0989eaa0~mv2.webp)
![DRT Order Is Set Aside As No violation of Rule 8(6) & 9(1) Security Interest (E) Rules is discovered](https://static.wixstatic.com/media/d515a3_629a3d0e61124855892774ba0989eaa0~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_629a3d0e61124855892774ba0989eaa0~mv2.webp)
- Jun 3, 2023
- 2 min
DRT Order Is Set Aside As No violation of Rule 8(6) & 9(1) Security Interest (E) Rules is discovered
![](https://static.wixstatic.com/media/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.webp)
![Secured Creditor fails to produce evidence of compliance with Security Interest (E) Rules 8(6), 9(1)](https://static.wixstatic.com/media/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.webp)
- Jun 2, 2023
- 1 min
Secured Creditor fails to produce evidence of compliance with Security Interest (E) Rules 8(6), 9(1)