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Apr 2, 2024
Navigating Valuation Challenges in Corporate Insolvency Resolution: A Case Analysis of M/s. Jeypore Sugar Company Limited
Corporate insolvency resolution processes (CIRP) and subsequent liquidation proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC) are complex procedures aimed ...
REEDLAW
Mar 19, 2024
Upholding Financial Rights: A Legal Analysis of Limited Guardianship under the Rights of Persons with Disabilities Act, 2016
The case of Mrs. Mohan V. before the Kerala High Court sheds light on the complex legal issues surrounding the financial protection of individuals with disabilities....
Mrs. Rachna Gupta, Advocate
LATEST CASE LAWS
Supreme Court
High Court
NCLAT
The appeal was brought by the Appellant, a financial institution, seeking expeditious adjudication of its grievance regarding the delayed disposal of a securitisation application by the Debts Recovery Tribunal (DRT), Dehradun, under Section 17(1) of the SARFAESI Act. The Petitioner had previously approached the High Court, which declined to issue an express direction but granted liberty to rely on the relevant statutory provision before the DRT itself. Despite this, there was no advancement in the proceedings before the DRT.
Upon appeal, the Court observed that Section 17(5) of...
Indian Overseas Bank v. Radhey Infra Solutions Private Limited and Others
October 7, 2025
REEDLAW 2025 SC 10201
The Appellants had approached the High Court by way of a writ appeal under Section 5(i) of the Kerala High Court Act, 1958, challenging the judgment dated 31 July 2025 passed by the learned Single Judge in a writ petition filed by the Respondent. The Respondent had availed a business loan of Rs. 16,00,000 from the Financial Creditor by depositing title deeds of property as security. Upon default, proceedings were initiated under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), and possession of the secured a...
Kerala Bank and Another v. Jishith Kumar
September 23, 2025
REEDLAW 2025 Ker 09221
The Appellant, acting as the Financial Creditor, had challenged the rejection of applications under Section 95 of the Insolvency and Bankruptcy Code, 2016, by the Tribunal related to two personal guarantors of the Corporate Debtor. The Tribunal had dismissed the applications on the sole ground that there was no due service of demand notice on the personal guarantors as required under Section 95(4)(b) and Rule 7(1) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019. Th...
State Bank of India Through Resolution Professional Shri Chillale Rajesh v. Dr. Jitendra Das Maganti and Another
October 24, 2025
REEDLAW 2025 NCLAT Chn 10544
DRAT
The Appellate Tribunal examined two connected appeals under Section 18 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, arising from a common order of the Debts Recovery Tribunal (DRT), Jabalpur. The dispute stemmed from loan facilities extended to a partnership firm, for which properties of the partners had been mortgaged. Following loan default, the account was classified as a non-performing asset and the Financial Creditor initiated measures under Section 13 of the SARFAESI Act. Demand and possession notices were iss...
Central Bank of India v. Smt. Shrikanta Porwal and Others
