P&H High Court holds that failure to execute Section 14 SARFAESI orders within the prescribed timeframe attracts contempt as such powers are ministerial.

The Supreme Court Collegium, on 1 September 2025, recommended the appointment of 26 individuals as judges of the Allahabad High Court, including four women and a balanced representation from the Bar and judiciary.

MP High Court ruled that Section 94 IBC cannot be invoked by personal guarantors of sole proprietorship or partnership firms, validating SARFAESI recovery proceedings.

Allahabad High Court ruled that each SARFAESI enforcement step extends limitation by creating a fresh cause of action, with the period computed from the last impugned measure, not the initial notice.

DRAT Delhi issued a notice prescribing filing of a praecipe and affidavit confirming service for urgent hearing requests before DRAT Kolkata, ensuring procedural fairness and transparency.

Allahabad High Court held that tenancy created post-mortgage cannot defeat a bank’s rights under the SARFAESI Act, mandating delivery of possession to the secured creditor, with disputes triable only before the DRT.

NSIC signed MoUs with Axis Bank, IndusInd Bank, Karnataka Bank, AU Small Finance Bank, and Dhanlaxmi Bank on 11 August 2025 under its MSME Credit Facilitation Program. The collaboration is expected to expand financial inclusion, strengthen credit accessibility, and foster growth in the MSME sector.

The RBI announced a major reform in cheque settlement, introducing real-time clearance from October 4, 2025. The new system will reduce settlement to hours through a phased rollout, ensuring faster liquidity and modernizing India’s banking system.

The Bombay High Court held that, after the amalgamation of a non-banking financial company with a bank, the Debt Recovery Tribunal has exclusive jurisdiction over pending recovery suits, applying a purposive interpretation of Section 31 of the RDB Act.

J&K&L High Court clarifies that once a valid SARFAESI Section 13(2) notice is served during the borrower’s lifetime, no fresh notice is required to legal heirs before taking possession under Section 14.