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Debt Recovery Tribunal

Breach of Rule 9(4) of Security Interest (Enforcement) Rules Without Written Extension: DRAT sets aside Sale Certificate and Auction Sale [Read Order]

The Kolkata bench of the Debt Recovery Appellate Tribunal (DRAT) has upheld the order of the Debt Recovery Tribunal (DRT) and has set aside the sale...

CBI Supplied All Relied & Un-Relied Documents in Loan Fraud Case: Delhi HC Refuses to Summon DRT...

Annual Corporate Law Case Digests : NCLAT Rulings of 2025 (Part 8)

P&H HC Upholds District Magistrate’s Denial of SARFAESI S. 14 Possession as Loan Assignment Pending...

Delay in Challenging Ex-Parte Decree Not Condoned: DRAT upholds Recovery Order against Borrowers...

Composite Sale Notice u/r 8(6) of Security Interest (Enforcement) Rules Validly Served: DRAT Upholds PNB Auction Proceedings

The Debt Recovery Appellate Tribunal (DRAT), Kolkata has upheld auction proceedings initiated by Punjab National Bank (PNB), ruling that a composite sale notice issued under Rule 8(6) of the...

DRAT Orders Release of PC Jeweller Showrooms After Settlement with Consortium of Banks [Read Order]

The Debts Recovery Appellate Tribunal (DRAT) has ordered the release of several PC Jeweller showrooms, acting on a joint application filed by the company and its lead lender, the State Bank of...

Bid to Shift Rs. 100 Crore Case by Re-calculating Debt a "Delaying Tactic": DRAT

The Debts Recovery Appellate Tribunal (DRAT) has dismissed an appeal, holding that its challenge to the bank's calculation of penal interest was a delaying tactic and did not affect the jurisdiction...

Orissa HC Dismisses Borrower's Plea against Punjab National Bank's SARFAESI Sale Notice, Directs to avail SARFAESI Remedy [Read Order]

The Orissa High Court has dismissed a writ petition filed by a borrower against Punjab National Bank, stating that the High Court's writ jurisdiction under Article 226 cannot be invoked when an...

DRT Has No Jurisdiction to Entertain Miscellaneous Application after Case Disposal: DRAT Quashes CIBIL Direction Against SBI [Read Order]

The Debt Recovery Appellate Tribunal (DRAT), Kolkata, has allowed an appeal filed by State Bank of India (SBI) by setting aside a Debt Recovery Tribunal (DRT) order that had directed the bank to...

DRAT Orders Expeditious Disposal of SARFAESI Case considering Delay in communication of Stay order to UBI [Read Order]

The Debt Recovery Appellate Tribunal (DRAT), Mumbai has directed the Debt Recovery Tribunal (DRT) to expedite the disposal of a Securitisation and Reconstruction of Financial Assets and Enforcement...

Income from House Property: ITAT Admits Additional Evidence, Remits Interest Deduction Claim to AO [Read Order]

The Bangalore bench of Income Tax Appellate Tribunal (ITAT) admitted additional evidence and remitted an interest deduction of ₹53.09 lakh claimed under Section 24(b) to the Assessing Officer (AO). ...