![No Procedural Lapse in Union Banks Auction: DRAT dismisses Borrowers Plea Over Notice Service and Sale Timing [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100855-lapse-in-union-banks-auction-drat-borrowers-plea-over-notice-service-sale-timing-taxscan.webp "No Procedural Lapse in Union Banks Auction: DRAT dismisses Borrowers Plea Over Notice Service and Sale Timing [Read Order]")
No Procedural Lapse in Union Bank's Auction: DRAT dismisses Borrowers' Plea Over Notice Service and Sale Timing [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad, has dismissed an appeal filed by borrowers challenging the auction of their property by...
![DRAT Disposes of Appeal Against South Indian Bank, Directs DRT to Expedite Disposal of Securitisation Application [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/250x150_2093451-south-indian-bank-itat-consequential-assessment-order.webp "DRAT Disposes of Appeal Against South Indian Bank, Directs DRT to Expedite Disposal of Securitisation Application [Read Order]")
![Delay in Loan Restructuring Proceedings: DRAT directs DRT to decide OA Expeditiously [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/250x150_2093431-dr.webp "Delay in Loan Restructuring Proceedings: DRAT directs DRT to decide OA Expeditiously [Read Order]")
![DRAT transfers Case from Coimbatore to Chennai DRT, directs Expeditious Disposal [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/250x150_2093419-drat-case-coimbatore-chennai-drt-expeditious-disposal-taxscan.webp "DRAT transfers Case from Coimbatore to Chennai DRT, directs Expeditious Disposal [Read Order]")
![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]")
DRAT Dismisses Appeal against Federal Bank due to failure in pre-depositing 25% of Total Amount [Read Order]
In a recent case, the Debt Recovery Appellate Tribunal (DRAT) Chennai dismissed the appeal filed against the Federal Bank Ltd, on finding that the appellant failed to comply with the order by the...
![DRAT Dismisses Appeal against Federal Bank due to failure in pre-depositing 25% of Total Amount [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086001-federal-bank-taxscan.webp "DRAT Dismisses Appeal against Federal Bank due to failure in pre-depositing 25% of Total Amount [Read Order]")
Failure to Pay Pro-rata amount against each loan towards Federal Bank due to Negligence: DRAT Directs to pay Amount with interest [Read Order]
The Debt Recovery Appellate Tribunal (DRAT) Chennai directed the appellant to pay a sum of Rs.9.03 lakhs each with interest at 6% p.a. (simple) from the date of the order of the OA 1717/1998, ...
![Failure to Pay Pro-rata amount against each loan towards Federal Bank due to Negligence: DRAT Directs to pay Amount with interest [Read Order]](https://images.taxscan.in/h-upload/2025/08/27/500x300_2080965-federal-bank.webp "Failure to Pay Pro-rata amount against each loan towards Federal Bank due to Negligence: DRAT Directs to pay Amount with interest [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]
The Chennai bench of the Debts Recovery Appellate Tribunal(DRAT) in a ruling in favour of Indian Bank, dismissed the Securitization application in the absence of Evidence to indicate illegality of ...
![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/2025/08/27/500x300_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]")
DRAT upholds Validity of Notice served u/r 9(1) of Security Interest (Enforcement ) Rules, Citing Evidence, Dismisses Appeal of Punjab National Bank [Read Order]
In a recent case, the Allahabad bench of the Debts Recovery Appellate Tribunal (DRAT) upheld the validity of notice served under rule 9(1) of Security Interest (Enforcement ) Rules relying on...
![DRAT upholds Validity of Notice served u/r 9(1) of Security Interest (Enforcement ) Rules, Citing Evidence, Dismisses Appeal of Punjab National Bank [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071871-punjab-national-bank-taxscan.webp "DRAT upholds Validity of Notice served u/r 9(1) of Security Interest (Enforcement ) Rules, Citing Evidence, Dismisses Appeal of Punjab National Bank [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]")
Calcutta HC Upholds DRAT Order dismissing Appeal of MSME against action of Bank under SARFAESI Act [Read Order]
In a recent case, the Calcutta High Court upheld the Debts Recovery Appellate Tribunals (DRATs) order dismissing the appeal of Micro, Small and Medium Enterprise (MSME) against the action of the ...
![Calcutta HC Upholds DRAT Order dismissing Appeal of MSME against action of Bank under SARFAESI Act [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071821-sarfaesi-act-taxscan.webp "Calcutta HC Upholds DRAT Order dismissing Appeal of MSME against action of Bank under SARFAESI Act [Read Order]")
Madras HC dismisses Challenge against DRAT order Allowing Sale of 42.24 acres by Indian Bank citing Non sale of whole property [Read Order]
In a recent case, the Madras High Court dismissed a challenge against the Deb Recovery Appellate Tribunal [DRAT] order allowing the sale of 42.24 acres by Indian Bank on finding that the bank had...
![Madras HC dismisses Challenge against DRAT order Allowing Sale of 42.24 acres by Indian Bank citing Non sale of whole property [Read Order]](https://images.taxscan.in/h-upload/2025/07/24/500x300_2068385-madras-hc-dismisses-challenge-against-drat-order-madras-hc-challenge-of-drat-order-taxscan.webp "Madras HC dismisses Challenge against DRAT order Allowing Sale of 42.24 acres by Indian Bank citing Non sale of whole property [Read Order]")