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Recovery Under SARFAESI Act With Respect To Secured Assets Would Prevail Over Recovery Under MSMED Act: Reiterates Kerala High Court

Recovery Under SARFAESI Act With Respect To Secured Assets Would Prevail Over Recovery Under MSMED...

Pankaj Bajpai26 Oct 2023 11:00 AM GMT

While rejecting a petition challenging the proceedings initiated under the provisions of the SARFAESI Act, the Kerala High Court held that provisions...

Any Promise To Pay Debt Cannot Cure Fault Of Limitation In PreExisting Action After Insolvency Proceedings Are Initiated: Supreme Court

Any Promise To Pay Debt Cannot Cure Fault Of Limitation In PreExisting Action After Insolvency...

Jayanti Pahwa19 Oct 2023 8:45 AM GMT

The Supreme Court held that after the initiation of insolvency proceedings and in the absence of any averments or pleadings, any promise made to pay...

Remedy Sought Before Civil Court Can’t Be Effectively Addressed Before DRT: Madras HC Dismisses Application U/s. 34 Of SARFAESI Act To Reject Plaint

Remedy Sought Before Civil Court Can’t Be Effectively Addressed Before DRT: Madras HC Dismisses...

Swasti Chaturvedi30 Sep 2023 5:15 AM GMT

SARFAESI Act| One Who Failed To Make Out Case For Issuance Of Writ Of Certiorari Can’t Seek Writ Of Mandamus For Repayment Of Loan: Kerala HC

SARFAESI Act| One Who Failed To Make Out Case For Issuance Of Writ Of Certiorari Can’t Seek Writ Of...

Swasti Chaturvedi26 Sep 2023 6:00 AM GMT

Borrowers Who Fail To Pay Dues Before Auction Notice Cannot Redeem Mortgage Under SARFAESI Act- Supreme Court

Borrowers Who Fail To Pay Dues Before Auction Notice Cannot Redeem Mortgage Under SARFAESI Act-...

Verdictum News Desk23 Sep 2023 12:15 PM GMT

Borrower Is A Borrower, Whether Practising Lawyer Or Sitting Judge: Karnataka HC Upholds Coercive Action Against Chronic Defaulter Sr. Advocate Ravindranath Kamath

Borrower Is A Borrower, Whether Practising Lawyer Or Sitting Judge: Karnataka HC Upholds Coercive...

Suchita Shukla18 Aug 2023 7:30 AM GMT

Bank Can Initiate Recovery Proceedings Under SARFAESI Act Against Guarantor, Even If Borrower Is Under Moratorium: Bombay HC

Bank Can Initiate Recovery Proceedings Under SARFAESI Act Against Guarantor, Even If Borrower Is...

Jayanti Pahwa2 Aug 2023 4:30 AM GMT

Banks Cannot Be Injuncted From Enforcing Mortgages For Realization Of Dues Once Account Declared As NPA: J&K&L High Court

Banks Cannot Be Injuncted From Enforcing Mortgages For Realization Of Dues Once Account Declared As...

Pankaj Bajpai1 Aug 2023 1:30 PM GMT

Builder Is Entitled To Immunity U/s. 32 Of SARFAESI Act Only If Acts Alleged Against Him Are Done In Good Faith: Kerala HC

Builder Is Entitled To Immunity U/s. 32 Of SARFAESI Act Only If Acts Alleged Against Him Are Done In...

Pankaj Bajpai31 May 2023 7:15 AM GMT

SARFAESI Act: Jurisdiction Exercised By Division Bench Was Analogous To One Under Order XLIII Rule 1 CPC: SC

SARFAESI Act: Jurisdiction Exercised By Division Bench Was Analogous To One Under Order XLIII Rule 1...

Swasti Chaturvedi24 April 2023 1:15 PM GMT

SARFAESI Act: If Someone Is Called To Participate In Bidding Process, Facts Must Be Made Clear To Parties- SC

SARFAESI Act: If Someone Is Called To Participate In Bidding Process, Facts Must Be Made Clear To...

Swasti Chaturvedi13 April 2023 5:00 AM GMT

Even If Minuscule Part Of Cause Of Action Arises Within Territory Of Court, Petition Can Be Entertained: M.P. HC

Even If Minuscule Part Of Cause Of Action Arises Within Territory Of Court, Petition Can Be...

Swasti Chaturvedi2 April 2023 12:30 PM GMT