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DRT Cannot Deny Joint Applications Under SARFAESI Act: High Court Affirms Tenants' Right to Collective Redressal
The Kerala High Court held that the Debts Recovery Tribunal cannot deny joint applications filed under the SARFAESI Act, affirming that...
Jul 113 min read


Adverse CIBIL Report Valid Ground to Cancel Bank Appointment, Holds Madras High Court
The Madras High Court held that an adverse CIBIL report and a poor history of loan repayment constitute valid grounds for cancellation of...
Jul 113 min read


Ratified IRP Fee Binding on CoC: NCLAT Affirms ₹9 Lakh Payment to Interim Resolution Professional (IRP)
NCLAT held that the ratified fee of ₹9 lakh for the Interim Resolution Professional (IRP) is binding on the Committee of Creditors (CoC)...
Jul 113 min read


Bank Cannot Insist on Aadhaar for Opening Account Post-Puttaswamy Verdict: Bombay High Court Awards ₹50K Compensation
The Bombay High Court held that a bank cannot insist on an Aadhaar card for opening an account after the Supreme Court’s verdict in...
Jul 93 min read


District Magistrate Can Re-Entertain Fresh Section 14 SARFAESI Plea When Possession Is Lost Due to Illegal Trespass: Allahabad High Court
Allahabad High Court held that the District Magistrate can re-entertain a fresh application under Section 14 of the SARFAESI Act when...
Jul 92 min read


General WhatsApp Message Cannot Constitute Pre-Existing Dispute to Defeat Section 9 IBC Petition: NCLAT
NCLAT held that a general WhatsApp message lacking specificity cannot constitute a pre-existing dispute sufficient to defeat a petition...
Jul 84 min read


Dishonour of Cheques During CIRP and Liquidation Not Attributable to Former Directors: Bombay High Court Quashes Criminal Proceedings
Bombay High Court held that dishonour of cheques during the Corporate Insolvency Resolution Process and liquidation cannot be attributed...
Jul 73 min read


Insolvency and Bankruptcy Code Cannot Override PMLA; ED’s Asset Attachment to Remain, Rules NCLAT
The National Company Law Appellate Tribunal (NCLAT) has ruled that the Insolvency and Bankruptcy Code (IBC) cannot override the...
Jul 74 min read


SC Seeks Immediate Repossession of CJI Bungalow from Justice Chandrachud After Extended Stay Beyond Permissible Limit
Supreme Court asks Centre to reclaim official CJI residence from Justice D.Y. Chandrachud, citing overstay beyond permitted...
Jul 62 min read


SC Declines to Quash FIR Against HDFC Bank CEO: Lilavati Trust Alleges Bribery and Fraud in Governance Dispute
SC refuses to quash FIR against HDFC Bank CEO in Lilavati Trust bribery case, citing upcoming July 14 hearing before Bombay High Court....
Jul 53 min read
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