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DRAT Grants Conditional Protection from Dispossession and Directs ₹60 Lakh Pre-Deposit for Appeal under SARFAESI Act
The DRAT granted conditional protection from dispossession and directed a pre-deposit of ₹60 lahk for the appeal under the SARFAESI Act....
Nov 26, 20242 min read


Supreme Court Affirms Auction Sale Validity, Rejects Claims of Undervaluation and Procedural Lapses
The Supreme Court affirmed the validity of the auction sale and rejected claims of undervaluation and procedural lapses. The Supreme...
Nov 25, 20242 min read


Failure to Prove Service of Representation Under Section 13(3A) of the SARFAESI Act Leads to Reversal of DRT Order
DRAT held that the respondents' failure to prove the service of the representation under Section 13(3-A) of the SARFAESI Act led to the...
Nov 25, 20242 min read


Unregistered Tenancy Claims Fail Against Secured Creditors Under the SARFAESI Act: Tenant Deemed in Sufferance
DRAT Dismissed the Appeal, Holding Unregistered Tenancy Claims Invalid Against Secured Creditors Under the SARFAESI Act, With the Tenant...
Nov 25, 20243 min read


Mandatory Notice Period Violation Invalidates Auction Sale Under SARFAESI Act
DRAT held that the violation of the mandatory notice period under the SARFAESI Act rendered the auction sale invalid. The Debts Recovery...
Nov 25, 20243 min read


Priority of Secured Creditor's Charge Under the SARFAESI Act Prevails Over Subsequent Purchaser's Claims
DRAT held that the priority of the secured creditor's charge under the SARFAESI Act prevailed over the claims of a subsequent purchaser...
Nov 24, 20242 min read


Lease Deed Executed Without Secured Creditor's Consent Held Invalid Under SARFAESI Act
DRAT held that a lease deed executed without the secured creditor's consent was invalid under the SARFAESI Act. The Debts Recovery...
Nov 23, 20243 min read


Unregistered Tenancy Rights Cannot Prevail Over Secured Creditors’ Claims Under the SARFAESI Act: Supreme Court Ruling
The Supreme Court ruled that unregistered tenancy rights could not prevail over secured creditors’ claims under the SARFAESI Act. The...
Nov 23, 20242 min read


DRAT Condones Delay, Sets Aside DRT Order, and Remands Restoration Application for Fresh Consideration on Merits
DRAT condoned the delay, set aside the DRT order, and remanded the restoration application for fresh consideration on merits. The Debts...
Nov 23, 20243 min read


DRAT Upholds Validity of Auction Sale, Dismisses S.A. for Failure to Timely Challenge Notices under SARFAESI Act
DRAT upheld the validity of the auction sale and dismissed the S.A. for the failure to timely challenge the notices under the SARFAESI...
Nov 22, 20243 min read
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