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Supreme Court Holds Acknowledgement of Partial Debt Doesn’t Extend Limitation for Entire Claim
The Supreme Court held that acknowledgement of a partial debt does not extend the period of limitation for the entire claim under Section...
Jul 283 min read
Only a Person with Legal Interest—Borrower, Mortgagor, Guarantor, or Protected Tenant—Can Challenge SARFAESI Action Under Article 226
The High Court ruled that only a person with a legal interest—such as a borrower, mortgagor, guarantor, or protected tenant—can challenge...
Jul 232 min read
Unregistered Tenancy Claim Fails to Block Secured Creditor’s Possession under SARFAESI: Supreme Court
The Supreme Court held that an unregistered tenancy claim could not defeat the secured creditor’s right to take possession of the...
Jul 173 min read
High Court Upholds Auction Sale of Secured Asset; Declines Relief to Borrower for Repeated Defaults and Abandonment of SARFAESI Challenge
The High Court upheld the auction sale of the secured asset and declined relief to the borrower in view of repeated defaults and...
Jul 163 min read
Bombay HC: No NI Act Liability for Ex-Directors When Cheques Dishonoured During IBC Moratorium and Liquidation
The Bombay High Court held that no liability under the Negotiable Instruments Act can be imposed on former directors for dishonour of...
Jul 133 min read
High Court Upholds Bank’s First Charge Over Hypothecated Goods Despite Dealership Dispute and Ownership Claims by Supplier
The Delhi High Court upheld the bank’s first charge over hypothecated goods, rejecting the supplier’s ownership claims and...
Jul 123 min read
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
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
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
RBI’s Deputy Governor Pushes for Real-Time Credit Reporting and Standardised Borrower IDs to Deepen Trust and Democratise Credit Access
RBI Deputy Governor M. Rajeshwar Rao urged Credit Information Companies to adopt real-time credit data reporting and implement...
Jul 42 min read
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