May 30, 20231 minSecured Creditors' Right to Realise Secured Debts have Priority over Other Debts & Government DuesThe Division Bench of the Madras High Court comprising Justices D. Krishnakumar and R. Vijayakumar was hearing a petition and held that...
May 29, 20231 minGranting the benefit of One Time Settlement scheme should be left to the commercial wisdom of bankDebts Recovery Appellate Tribunal (DRAT), Kolkata bench comprising Justice Anil Kumar Srivastava was hearing an appeal and held that...
May 28, 20231 minPlaintiff's Attempt to File a Civil Suit to Defeat the Proceeding under SARFAESI Act Not PermissibleThe Punjab and Haryana High Court Single Judge Bench comprising Justice H.S. Madaan was hearing a Regular Second Appeal and held that...
May 28, 20231 minAppellant as a purchaser had the right to redeem the mortgage and retrieve title deeds from the bankThe Debts Recovery Appellate Tribunal (DRAT), Mumbai Bench comprising Justice Ashok Menon, Chairperson was hearing an appeal and held...
May 27, 20232 minDeclaring the accounts as NPA is unreasonable and in violation of RBI Circulars with statutory forceThe Calcutta High Court Single Bench of Justice Moushumi Bhattacharya was hearing a petition of the borrower against the action taken by...