The High Court quashed an unreasoned order passed by the DRT, emphasised the necessity of judicial application of mind, and urged the...

Various key initiatives taken by the Department highlighted at the colloquium, such as the adoption of revised DRT Regulations, mandatory...

The Supreme Court held that secured creditors have no priority over properties attached under the MPID Act and reaffirmed that its powers...

High Court held that the reinitiation of SARFAESI proceedings by the bank does not constitute a valid ground to seek refund of forfeited...

The Supreme Court held that the NCLAT could not have declared the registered sale deed as non-binding on the company in the absence of a...

The High Court ruled that the classification of a wilful defaulter must adhere to the principles of natural justice and struck down the...

Mr. M.M. Dhonchak, Presiding Officer of Debts Recovery Tribunal (DRT)-2, Chandigarh, has filed an appeal before the Division Bench of the...

Parliament has passed the Banking Laws (Amendment) Bill, 2024 , introducing significant reforms in banking regulations. The Rajya Sabha...

The High Court held that although non-adjudicatory, a Chief Judicial Magistrate’s role under Section 14 of the SARFAESI Act mandates due...

The Insolvency and Bankruptcy Board of India (IBBI) commemorated International Women’s Day 2025  through a virtual event on March 06,...