The Bombay High Court held that the director of an MSME lacks the legal locus to challenge recovery actions and upheld the proceedings...

The CGITLC held that the binding force of the BIFR’s rehabilitation scheme prevails over the EPFO’s discretion in waiving damages under...

NCLAT held that acknowledgement of debt in a balance sheet triggers a fresh limitation period from the date of signing, not from the date...

The NCLAT set aside the admission of a Section 9 application under the IBC, holding that the existence of a pre-existing dispute under...

The Bombay High Court ruled in favour of the Assessee, holding that the interest subsidy received from the Reserve Bank of India under...

The NCLAT upheld the admission of a Section 7 application, holding that the acknowledged debt under a fresh loan granted by an Asset...

The Kerala High Court held the Bank liable for encashment of cheques bearing forged signatures and set aside the trial court’s dismissal...

The DRAT upheld the requirement of mandatory pre-deposit under Section 18(1) of the SARFAESI Act, rejecting the appellants’ plea for...

The Andhra Pradesh High Court, by invoking Section 31-B of the RDB Act, held that the Bank’s right of recovery takes precedence over the...

Despite improved recoveries and increased deterrence effect, the ICRA report flags persistent challenges under the IBC framework,...