18Apr Viom Infra Ventures Ltd. Vs. Bahula Infotech Pvt. Ltd. – NCLT Kolkata Bench Posted by IBC Laws Editoron April 18, 2023July 6, 2023in IBC-Case Laws-NCLT Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
21Feb Share application money does not fall under the definition of Financial Debt of IBC – Naman Global Impex Pvt. Ltd. Vs. Rathod Pharmachem Pvt. Ltd. – NCLT Ahmedabad Bench Posted by IBC Laws Editoron February 21, 2023February 20, 2023in IBC-Case Laws-NCLT, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
21Feb PMLA would cease to have the power to attach the property at this juncture when the order of the Liquidation under IBC has already been passed – Mr. Satyendra P. Khorania Liquidator of M/s Emgee Cables and Communications Ltd. Vs. Deputy Director, Jaipur Zonal Office, Directorate of Enforcement – NCLT Jaipur Bench Posted by IBC Laws Editoron February 21, 2023July 20, 2023in IBC-Case Laws-NCLT, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
23Jan Since Auction Purchaser failed to deposit balance 75% of the bid amount and 25% EMD amount stood forfeited by bank, DRT cannot allow the Auction Purchaser to participate in any fresh bid without insisting upon fresh EMD – Union Bank of India Vs. Dheeraj Popli – DRAT Delhi Posted by IBC Laws Editoron January 23, 2023January 23, 2023in Case Laws-SARFAESI-DRAT, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
23Jan The unreasonable and unexplaine delay caused in filing an appeal cannot be condoned – Mahesh Damu Khare Vs. Bank of Baroda & Ors. – DRAT Mumbai Posted by IBC Laws Editoron January 23, 2023January 23, 2023in Case Laws-SARFAESI-DRAT, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
19Jan Bank cannot report the name of Willful Defaulters directly to RBI/CIBIL without providing copy of the order passed by Identification Committee and giving opportunity of hearing – Hans Ispat Ltd. Vs. Bank of Baroda – Gujarat High Court Posted by IBC Laws Editoron January 19, 2023January 19, 2023in Case Laws-SARFAESI-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
17Jan An application under Section 14 of SARFAESI Act, 2002 cannot be rejected by CMM/DM on the ground that it hampers public duty – M/s. ASREC (India) Ltd. Vs. M/s. Standard Automobile Consultants – Karnataka High Court Posted by IBC Laws Editoron January 17, 2023January 17, 2023in Case Laws-SARFAESI-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
17Jan Whether a Bank is entitled to seek eviction of tenants from a Secured Asset taken over by the Bank for sale for realising its dues – Mr. Mohan Sundaram Vs. Punjab National Bank – Kerala High Court Posted by IBC Laws Editoron January 17, 2023January 16, 2023in Case Laws-SARFAESI-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
13Jan In case if sale consideration has not been deposited and the purchaser has been found to be in default, the property shall be sold again as has been referred under Rule 9 of the Security Interest (Enforcement) Rules, 2002 – Raj Kumari Kanoi Vs. Chairman-cum-Managing Director, Allahabad Bank and Ors. – Jharkhand High Court Posted by IBC Laws Editoron January 13, 2023January 13, 2023in Case Laws-SARFAESI-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.
12Jan A bare perusal of Sections 17, 18, 19(19), 31 and 34 of Recovery of Debts & Bankruptcy Act, 1993 shows that the DRT is having exclusive jurisdiction to deal with the recovery of the secured creditors and is having an overriding effect over all other laws – The Specified Undertaking of The Unit Trust of India Vs. M/s Derby Textiles Ltd. – Rajasthan High Court Posted by IBC Laws Editoron January 12, 2023July 16, 2023in Case Laws-SARFAESI-High Courts, Companies Act-High Courts, Newsletter-IBC Case Username Password Remember Me Forgot Password In case you've already logged in, click here to know why you're not able to access this content.