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...
![Kotak Mahindra Bank’s Negligence in Serving Auction Notice Voids Sale: DRAT upholds 9% Interest Refund to Purchaser [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114579-kotak-mahindra-banks-negligence-serving-auction-notice-voids-sale-drat.webp "Kotak Mahindra Bank’s Negligence in Serving Auction Notice Voids Sale: DRAT upholds 9% Interest Refund to Purchaser [Read Order]")
![CJM’s Order u/s 14 of SARFAESI Act Is Executing in Nature, No Prescribed Format Required: DRAT sets aside DRT Restraint on Axis Bank [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114585-drat-sets-aside-drt-restraint-axis-bank-taxscan.jfif "CJM’s Order u/s 14 of SARFAESI Act Is Executing in Nature, No Prescribed Format Required: DRAT sets aside DRT Restraint on Axis Bank [Read Order]")
![Debtors’ Consent to Auction Waives Procedural Objections Under SARFAESI Act: Delhi HC Sets Aside DRAT Order in Favour of Canara Bank [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/250x150_2112355-delhi-hc-debtor-consent-auction-waives-procedural-objections-sarfaesi-act-drat-order-canara-bank-taxscan.webp "Debtors’ Consent to Auction Waives Procedural Objections Under SARFAESI Act: Delhi HC Sets Aside DRAT Order in Favour of Canara Bank [Read Order]")
Bank Cannot Cancel E-Auction After Confirming Sale: DRAT Calls Bank of Baroda's Act Illegal [Read Order]
The Debts Recovery Appellate Tribunal (DRAT) in Kolkata has allowed four appeals filed by an auction purchaser against Bank of Baroda and others holding that the bank cannot cancel E-Auction after...
![Bank Cannot Cancel E-Auction After Confirming Sale: DRAT Calls Bank of Barodas Act Illegal [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108505-e-auction-drat-bank-of-baroda-act-illegal-taxscan.webp "Bank Cannot Cancel E-Auction After Confirming Sale: DRAT Calls Bank of Barodas Act Illegal [Read Order]")
![DRAT Condones 46-Day Delay in SARFAESI Application Due to Medical Issues [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107886-sarfaesi-act-sarfaesi-application-delay-taxscan.webp "DRAT Condones 46-Day Delay in SARFAESI Application Due to Medical Issues [Read Order]")
Loss from Employee Fraud Not a 'Debt' under Recovery Act: DRAT Dismisses Tamilnad Mercantile Bank's Appeals [Read Order]
The Debts Recovery Appellate Tribunal ( DRAT ) in Chennai has dismissed four appeals filed by Tamilnad Mercantile Bank against several individuals, including a former Branch Manager holding that...
![Loss from Employee Fraud Not a Debt under Recovery Act: DRAT Dismisses Tamilnad Mercantile Banks Appeals [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108479-2-1.webp "Loss from Employee Fraud Not a Debt under Recovery Act: DRAT Dismisses Tamilnad Mercantile Banks Appeals [Read Order]")
![DRAT Orders Release of PC Jeweller Showrooms After Settlement with Consortium of Banks [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108471-drat-pc-jeweller-showrooms-consortium-banks-taxscan.webp "DRAT Orders Release of PC Jeweller Showrooms After Settlement with Consortium of Banks [Read Order]")
Fraud Allegations Against Branch Manager are a Defense, Not Ground to Stay SBI Recovery Suit: DRAT [Read Order]
The Debts Recovery Appellate Tribunal (DRAT) has dismissed an appeal filed by borrowers against the State Bank of India, holding that allegations of fraud against a bank's branch manager cannot be...
![Fraud Allegations Against Branch Manager are a Defense, Not Ground to Stay SBI Recovery Suit: DRAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108474-sbi-recovery-suit-drat-taxscan.jfif "Fraud Allegations Against Branch Manager are a Defense, Not Ground to Stay SBI Recovery Suit: DRAT [Read Order]")
Property not Proven as Agricultural Land: DRAT dismisses Appeal against PNB in SARFAESI Case [Read Order]
The Debts Recovery Appellate Tribunal ( DRAT ) in Chennai has dismissed two appeals filed by a borrower against Punjab National Bank on citing failure to prove the property as agricultural land. ...
![Property not Proven as Agricultural Land: DRAT dismisses Appeal against PNB in SARFAESI Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108357-sarfaesi-act-taxscan.webp "Property not Proven as Agricultural Land: DRAT dismisses Appeal against PNB in SARFAESI Case [Read Order]")