Rejection of Settlement proposal by Bank does not meant to be principles of natural justice: Calcutta HC Dismisses Writ Petition [Read Order]
In a recent case, the Calcutta High Court has held that the expression “parties” under rule 8(8) of the Securitisation and Reconstruction of...
![DRAT sets aside Sale not held under Provisions of SARFAESI Act, Directs LIC Housing Finance to Refund Sale Consideration [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/250x150_2086049-lic-finance-taxscan.webp "DRAT sets aside Sale not held under Provisions of SARFAESI Act, Directs LIC Housing Finance to Refund Sale Consideration [Read Order]")
![Relief to Indian Bank: DRAT Dismisses Securitization Application in absence of Evidence to indicate illegality of order passed u/s 14 of SARFAESI Act [Read Order]](https://images.taxscan.in/h-upload/2025/08/27/250x150_2080913-indian-bank-drat-securitization-application-sarfaesi-act-taxscan.webp "Relief to Indian Bank: DRAT Dismisses Securitization Application in absence of Evidence to indicate illegality of order passed u/s 14 of SARFAESI Act [Read Order]")
Relief to Karnataka Bank Ltd: DRAT upholds order on finding affixture of sale notice was not proved [Read Order]
The Chennai bench of the Debts Recovery Appellate Tribunal (DRAT) upheld the order in favour of Karnataka Bank Ltd on finding affixture of the sale notice was not proved. The tribunal viewed that...
![Relief to Karnataka Bank Ltd: DRAT upholds order on finding affixture of sale notice was not proved [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/500x300_2080726-karnataka-bank-taxscan.webp "Relief to Karnataka Bank Ltd: DRAT upholds order on finding affixture of sale notice was not proved [Read Order]")
Secured Creditor’s Rights u/s 26E of SARFAESI Override State Sales Tax Claims: Bombay HC Clears Auction Sale in Canara Bank Case [Read Order]
In a recent ruling, the Bombay High Court held that secured creditors’ rights under Section 26E of the SARFAESI Act prevail over State sales tax claims, and that an auction purchaser acquires clear...
![Secured Creditor’s Rights u/s 26E of SARFAESI Override State Sales Tax Claims: Bombay HC Clears Auction Sale in Canara Bank Case [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078406-secured-creditors-rights-us-26e-sarfaesi-state-sales-tax-claims-bombay-hc-clears-auction-sale-canara-bank-case-.webp "Secured Creditor’s Rights u/s 26E of SARFAESI Override State Sales Tax Claims: Bombay HC Clears Auction Sale in Canara Bank Case [Read Order]")
Punjab & Haryana HC stays Proceedings under SARFAESI Act, till next hearing, subject to Depositing a sum of Rs.10 L [Read Order]
In a recent case, the High Court of Punjab & Haryana stayed the Proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002...
![Punjab & Haryana HC stays Proceedings under SARFAESI Act, till next hearing, subject to Depositing a sum of Rs.10 L [Read Order]](https://images.taxscan.in/h-upload/2025/08/09/500x300_2074761-sarfaesi-act-hc-taxscan.webp "Punjab & Haryana HC stays Proceedings under SARFAESI Act, till next hearing, subject to Depositing a sum of Rs.10 L [Read Order]")
Attachment GST S. 83 Lapses Force after One Year, Cannot be Invoked to Challenge SARFAESI Proceedings: Madras HC [Read Order]
The Madras High Court has held that a provisional attachment order under Section 83 of the Central Goods and Services Tax ( CGST ) Act, 2017 automatically ceases to have effect after one year and...
![Attachment GST S. 83 Lapses Force after One Year, Cannot be Invoked to Challenge SARFAESI Proceedings: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/09/500x300_2074760-sarfaesi-madras-hc-taxscan.webp "Attachment GST S. 83 Lapses Force after One Year, Cannot be Invoked to Challenge SARFAESI Proceedings: Madras HC [Read Order]")
Illegal Re Entry of Borrower to Dispossessed Property u/s 14 of SARFAESI Act: MP HC Directs DM to Re Execute Dispossession [Read Order]
The Madhya Pradesh High Court directed the District Magistrate (DM) to re execute the dispossession of the mortgaged property on finding illegal reentry of the borrower to the dispossessed property...
![Illegal Re Entry of Borrower to Dispossessed Property u/s 14 of SARFAESI Act: MP HC Directs DM to Re Execute Dispossession [Read Order]](https://images.taxscan.in/h-upload/2025/08/06/500x300_2073438-2071821-sarfaesi-act-taxscan.webp "Illegal Re Entry of Borrower to Dispossessed Property u/s 14 of SARFAESI Act: MP HC Directs DM to Re Execute Dispossession [Read Order]")
Canara Bank has no Locus standi to initiate recovery proceedings Maruti Automobiles, Citing Finalised proceedings under SARFAESI Act: DRAT [Read Order]
The Allahabad bench of the Debts Recovery Appellate Tribunal (DRAT)has held that Canara Bank has no locus standi to initiate the recovery proceedings against Maruti Automobiles on finding the ...
![Canara Bank has no Locus standi to initiate recovery proceedings Maruti Automobiles, Citing Finalised proceedings under SARFAESI Act: DRAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071883-canara-bank-taxscan.webp "Canara Bank has no Locus standi to initiate recovery proceedings Maruti Automobiles, Citing Finalised proceedings under SARFAESI Act: DRAT [Read Order]")
Challenge on notice issued u/s 13(4) of SARFAESI Act: Punjab & Haryana HC Directs to approach DRAT [Read Order]
The High Court of Punjab and Haryana relegates the petitioners to avail the statutory remedy of approaching the Debt Recovery Tribunal or Debt Recovery Appellate Tribunal for a challenge on the...
![Challenge on notice issued u/s 13(4) of SARFAESI Act: Punjab & Haryana HC Directs to approach DRAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071860-sarfaesi-act-drat-taxscan.webp "Challenge on notice issued u/s 13(4) of SARFAESI Act: Punjab & Haryana HC Directs to approach DRAT [Read Order]")