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LATEST NEWS

High Court Prohibits Banks & FIs From Forcefully Seizing Vehicles Without Following Legal Procedures

Jun 6, 2023

'Audi Alteram Partem' in Banking Law Ensures Fairness in Account Classification as Fraud: SC

Jun 3, 2023

Secured Creditor fails to produce evidence of compliance with Security Interest (E) Rules 8(6), 9(1)

Jun 2, 2023

SARFAESI Act: A Tenant under a registered lease, cannot be dispossessed by the Bank/Secured Creditor

May 31, 2023

RDB Act S.21: Complete Waiver of Pre-Deposit without sufficient reason must be quashed and set aside

May 31, 2023

The auction purchaser is responsible for settling the electricity dues of the previous owner: All HC

Jun 6, 2023

DRT Order Is Set Aside As No violation of Rule 8(6) & 9(1) Security Interest (E) Rules is discovered

Jun 3, 2023

SC Rules Auction Proceedings Conducted by Secured Creditor as Invalid and Orders For a Fresh Auction

Jun 1, 2023

Petitioner's challenge to the order passed under Section 14 of the SARFAESI Act is not maintainable

May 31, 2023

High Courts Should Refrain From Interfering in Commercial Matters Governed by the SARFAESI Act: SC

May 30, 2023

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Effect of Moratorium on Arbitration Proceedings

Insolvency and Bankruptcy Code, 2016 (IBC/Code) which received presidential assent on 25th May, ...

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Role of Banking Ombudsman in India - An Analysis

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Sep 3, 2021

Section 7 Application of IBC cannot be allowed if Petition filed collusively

Section 7: Initiation of corporate insolvency resolution process by the financial creditor:
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K. Bavana

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Sep 1, 2021

"Preferential Transaction" and "Relevant Time" under Section 43 of IBC

The present Appeal was filed challenging the Impugned Order dated 26.02.2021 passed by the Adjudicating Authority (National Compan...

R. Haritha

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Aug 30, 2021

Admissibility of claims during CIRP

The Insolvency and Bankruptcy Code of 2016 has proven to be a strong piece of legislation in terms of governing the insolvency and...

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Aug 27, 2021

Irretrievable prejudice would be done if bank guarantee is allowed to be encashed

A Bank Guarantee (BG) is a common method of securing payment of money in commercial transactions because the beneficiary is entitl...

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IBC Gazette 51