The assets which are generating a loss for the Bank the same are put into auction sale under SARFAESI Act. Through the implementation of the… Read More »What is The Procedure of Auction Sale under SARFAESI Act?
deb recovery petition
The law of debt recovery is mostly based on two laws which are the Recovery of Debt and Bankruptcy Act, 1992 and the Securitization and… Read More »Latest Judgments from SARFAESI Act 2002 and IBC
Use of Criminal Prosecution is a delay tactic against debt recovery in the SARFAESI Act. and when a secured asset being a subject matter of civil dispute it cannot be discharged under the SARFAESI Act.
The Recovery of Debts & Bankruptcy Act, 1993 and Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SAFAESI Act) are primary statues that assist in the recovery of debts for the Banks or Financial institutions. Check the latest judgements from these statues
The article features legal questions that arose from the cases related to the Loan or Debt recovery cases by the Bank. The description with summary… Read More »Loan Recovery By Banks Some Latest Judgments
How Much Should Be The Amount Of Deposit For Filing an Appeal Before The Debt Recovery Appellate Tribunal?
The article is based upon the judgement by Hon’ble Chief Justice Mr P.R.P. Menon and Hon’ble Justice Mr P.P. Sahu of the High Court of… Read More »How Much Should Be The Amount Of Deposit For Filing an Appeal Before The Debt Recovery Appellate Tribunal?
The article provides a summary detailing of three cases of Debt Recovery Proceedings or of the nature of Financial Disputes from different High Courts of… Read More »Debt Recovery Proceedings Some Latest Judgements III
The article provides a summary detailing of three cases of Debt Recovery Proceedings or of nature of Financial Disputes from different High Courts of India.… Read More »Debt Recovery Proceedings Some Latest Judgments Part 2
The Debt Recovery Proceedings are proceedings which provide relief to the Organized Lending companies such as Banks, Non-Banking Financial Corporations or other recognized credit agency… Read More »Latest Judgments From Debt Recovery Proceedings & SARFAESI Act