Property Sold Below Distress Value Violating Rule 8(6) SARFAESI Rules: DRAT Directed Bank to Refund Auction Amount with 8% Interest [Read Order]
The sale notice dated 07.07.2014 did not comply with Rule 8(6), missing auction details and redemption rights, and was published even before...
![Stakeholders Show Unwillingness to Mediation: DRAT Directs DRT to Expedite Hearing of Securitisation Application [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/250x150_2123977-securitisation-application-drat-drt-taxscan.webp "Stakeholders Show Unwillingness to Mediation: DRAT Directs DRT to Expedite Hearing of Securitisation Application [Read Order]")
![DRT Cannot Bypass DRAT & High Court Directions: DRAT Sets Aside Order, Directs Adjudication of Counter-Claim of Company [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/250x150_2122371-drt-cannot-bypass-drat-high-court-directions-drat-sets-aside-order-directs-adjudication-counter-claim-company-taxscan.webp "DRT Cannot Bypass DRAT & High Court Directions: DRAT Sets Aside Order, Directs Adjudication of Counter-Claim of Company [Read Order]")
![Loan Not Fully Disbursed, Project Stalled: DRAT Upholds Interest Rate Reduction to 10% by DRT and Dismisses HUDCO’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/250x150_2122284-drat-taxscan.jfif "Loan Not Fully Disbursed, Project Stalled: DRAT Upholds Interest Rate Reduction to 10% by DRT and Dismisses HUDCO’s Appeal [Read Order]")
![Withdrawal of SARFAESI Notice Does Not Invalidate Recovery Certificate: NCLAT Allows SBIs Insolvency Petitions Against Guarantors [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/250x150_2117325-withdrawal-sarfaesi-notice-does-not-invalidate-recovery-certificate-taxscan.jfif "Withdrawal of SARFAESI Notice Does Not Invalidate Recovery Certificate: NCLAT Allows SBIs Insolvency Petitions Against Guarantors [Read Order]")
Borrower’s Redemption u/s 13(8) of SARFEASI Act Prevails Over Unconfirmed Auction: Calcutta HC sets Aside Auction Purchaser’s Revision Against UCO Bank [Read Order]
The Calcutta High Court has held that a borrower’s statutory right of redemption under Section 13(8) of the SARFAESI Act prevails until the sale is confirmed and a sale certificate is issued, even...
![Borrower’s Redemption u/s 13(8) of SARFEASI Act Prevails Over Unconfirmed Auction: Calcutta HC sets Aside Auction Purchaser’s Revision Against UCO Bank [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/500x300_2112390-sarfeasi-act-prevails-over-unconfirmed-auction-taxscan.webp "Borrower’s Redemption u/s 13(8) of SARFEASI Act Prevails Over Unconfirmed Auction: Calcutta HC sets Aside Auction Purchaser’s Revision Against UCO Bank [Read Order]")
Sale Was Conducted with Borrower's Consent and Complied with SARFAESI Act: DRAT Restores Property to Auction
The Debts Recovery Appellate Tribunal ( DRAT ) in Allahabad has allowed an appeal filed by auction purchasers, setting aside an order of the Debts Recovery Tribunal (DRT) that had cancelled a...
![DRT upholds Union Banks Auction Sale, Rejects Borrowers Claim of Improper Notice [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108510-drt-union-bank-of-india-taxscan.webp "DRT upholds Union Banks Auction Sale, Rejects Borrowers Claim of Improper Notice [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]")
![DRT Orders Document Admission Process in Debt Recovery Case Despite Final Order Stage [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107882-drt-orders-document-admission-process-debt-rcovery-taxscan.webp "DRT Orders Document Admission Process in Debt Recovery Case Despite Final Order Stage [Read Order]")
DRAT dismisses Appeal by Loan Guarantor against Kotak Mahindra Bank, Citing Proper Service of SARFAESI Notices
The Debt Recovery Appellate Tribunal (DRAT) in Chennai has dismissed an appeal filed by a loan guarantor, challenging an order of the Debt Recovery Tribunal (DRT) that favoured Kotak Mahindra Bank....
