May 4, 20236 minAggrieved party has a remedy u/s 17 of the SARFAESI Act against any step taken by the Bank u/s 13(4)The Supreme Court bench comprising Justices M. R. Shah and C.T. Ravikumar was on Tuesday, hearing an appeal on the SARFAESI proceeding...
May 3, 20232 minDues of operational creditors are to be made in the manner as Insolvency & Bankruptcy Code lays downThe National Company Law Appellate Tribunal (NCLAT), New Delhi bench comprising Justice Rakesh Kumar Jain, Judicial Member and Dr. Alok...
May 2, 20234 minThere can be a default by the Principal Borrower and the Guarantor may be a different date: NCLATThe National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, comprising Justice Ashok Bhushan, Chairperson and Barun...
May 1, 20233 minComplainant fails to establish the conditions of penal liability set out under Ss. 405, 420, 471 IPCThe Supreme Court bench comprising Justices Sanjiv Khanna and J.K. Maheshwari was recently hearing an Appeal and held that the...
Apr 29, 20233 minWithout there being any demand to the Guarantor, the period of limitation cannot be commencedAs per clauses of the Deed of Guarantee, it is clear that although the Guarantor immediately become liable for any default committed by...