![Subsequent Purchaser Cannot Defeat Prior Mortgage: DRT Delhi Dismisses Securitisation Application Filed by Flat Buyer [Read Order]](https://images.taxscan.in/h-upload/2026/03/05/2127962-drt-delhi-dismisses-securitisation-application-taxscan.webp "Subsequent Purchaser Cannot Defeat Prior Mortgage: DRT Delhi Dismisses Securitisation Application Filed by Flat Buyer [Read Order]")
Subsequent Purchaser Cannot Defeat Prior Mortgage: DRT Delhi Dismisses Securitisation Application Filed by Flat Buyer [Read Order]
The Debts Recovery Tribunal-II (DRT) in Delhi has dismissed an application for securitization by a flat buyer who had challenged the action taken by...
![Civil Court Can Entertain Partition Suit Despite SARFAESI Proceedings If DRT Cannot Grant Such Relief: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2026/03/05/2127950-sarfaesi-proceedingsjpg.webp "Civil Court Can Entertain Partition Suit Despite SARFAESI Proceedings If DRT Cannot Grant Such Relief: Bombay HC [Read Order]")
![Right to Redemption of Property is Lost After Sale: DRT Dismisses Securitization Application [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127691-right-to-redemption-of-property-is-lost-after-salejpg.webp "Right to Redemption of Property is Lost After Sale: DRT Dismisses Securitization Application [Read Order]")
![Dispute Between Financial Institutions to Be Resolved Through Statutory Arbitration: DRT Dismisses SARFAESI Plea [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127658-dispute-between-financial-institutions-to-be-resolved-through-statutory-arbitrationjpg.webp "Dispute Between Financial Institutions to Be Resolved Through Statutory Arbitration: DRT Dismisses SARFAESI Plea [Read Order]")
![Intermittent Repayments led to Loan Account being a Non Performing Asset: DRT Directs Registry to Prepare Recovery Certificate [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127606-intermittent-repayments-led-to-loanjpg.webp "Intermittent Repayments led to Loan Account being a Non Performing Asset: DRT Directs Registry to Prepare Recovery Certificate [Read Order]")
Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has upheld the initiation of insolvency resolution proceedings against the personal guarantor by holding that the notice issued under Section 13...
![Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2126995-demand-notice-issued-sarfaesi-constitute-valid-invocation-personal-guarantee-nclat-upholds-insolvency-resolution-proceedings-taxscan.webp "Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]")
DRAT Defers PNB Housing Finance Move to Take possession of Mortgaged Property, Orders ₹20 lakh Deposit Within Two Weeks [Read Order]
To recover the amount, the bank filed an application under Section 14 of the SARFAESI Act before the Chief Judicial Magistrate, Tiruppur, seeking possession of the secured propertyThe Debt Recovery...
![DRAT Defers PNB Housing Finance Move to Take possession of Mortgaged Property, Orders ₹20 lakh Deposit Within Two Weeks [Read Order]](https://images.taxscan.in/h-upload/2026/02/09/2124386-drat-defers-pnb-housing-finance.webp "DRAT Defers PNB Housing Finance Move to Take possession of Mortgaged Property, Orders ₹20 lakh Deposit Within Two Weeks [Read Order]")
NCLAT Upholds Admission of SBI’s Rs.116 Crore Claim, Dismisses Appeals by Suspended Director [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has held that a suspended director who himself initiated the corporate insolvency resolution process (CIRP) cannot ...
![NCLAT Upholds Admission of SBI’s Rs.116 Crore Claim, Dismisses Appeals by Suspended Director [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124039-nclat-upholds-admission-sbis-rs116-crore-claim-taxscan.webp "NCLAT Upholds Admission of SBI’s Rs.116 Crore Claim, Dismisses Appeals by Suspended Director [Read Order]")
![Debt Claim Rejected under Co-op Act Bars SARFAESI Measures: DRAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/31/2122694-debt-claim-rejected-under-co-op-act-bars-sarfaesi-measures-drat-taxcsan.webp "Debt Claim Rejected under Co-op Act Bars SARFAESI Measures: DRAT [Read Order]")
Land kept as Security can be Auctioned for Loan Default after giving 30 Days Time to clear Dues u/r 9(1) SARFAESI: J&K HC [Read Order]
The High Court ofJammu & Kashmir and Ladakh recently ruled that lender banks can auction off land mortgaged as security for a loan under the provisions of the Securitisation and Reconstruction...
![Land kept as Security can be Auctioned for Loan Default after giving 30 Days Time to clear Dues u/r 9(1) SARFAESI: J&K HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/07/2117508-land-kept-security-can-auctioned-loan-default-after-giving-30-days-time-clear-dues-ur-91-sarfaesi-jk-hc-taxscan.webp "Land kept as Security can be Auctioned for Loan Default after giving 30 Days Time to clear Dues u/r 9(1) SARFAESI: J&K HC [Read Order]")
DRAT Quashes Auction Sale Over Violation of Mandatory 30-Day Notice Period; Rejects DCB Bank’s Recovery Action [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad, has dismissed an appeal filed by DCB Bank Ltd., upholding a lower tribunal's decision to set aside an auction sale. The Tribunal found that...
![DRAT Quashes Auction Sale Over Violation of Mandatory 30-Day Notice Period; Rejects DCB Bank’s Recovery Action [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/2115620-drat-quashes-auction-sale-violation-mandatory-notice-period-rejects-dcb-banks-recovery-action-taxscan.webp "DRAT Quashes Auction Sale Over Violation of Mandatory 30-Day Notice Period; Rejects DCB Bank’s Recovery Action [Read Order]")
DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad, has partially allowed an appeal filed by a borrower, setting aside an auction sale conducted by the Bank of Baroda. The appellate...
![DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/2115651-drat-sets-side-auction-sale-due-to-stale-valuation-report-taxscan.jfif "DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]")