The High Court held that a recovery suit against the bank for fraudulent withdrawals from a current account is maintainable before the...

The Supreme Court held that an unregistered tenancy claim could not defeat the secured creditor’s right to take possession of the...

The NCLAT held that an interest-free loan qualifies as a financial debt and overruled the defence based on Section 186 of the Companies...

The High Court upheld the auction sale of the secured asset and declined relief to the borrower in view of repeated defaults and...

The National Company Law Tribunal (NCLT) held that the Insolvency and Bankruptcy Code (IBC) is not a recovery forum, and rejected the...

The National Company Law Appellate Tribunal (NCLAT) held that a successful auction purchaser is not liable for claims that existed prior...

The National Company Law Appellate Tribunal (NCLAT) declined to entertain the appeal, observing that the matter concerning the admission...

The Supreme Court declined to entertain the public interest litigation seeking a probe into fraudulent loan transactions, directing the...

The Madras High Court held that the NCLT is bound to appoint the Interim Resolution Professional (IRP) as proposed by the Corporate...

NCLAT held that a secured creditor who realises its security interest under the SARFAESI Act is bound to contribute proportionately...