Writ Petition against NBFC u/s 14(2) SARFAESI Act not maintainable: Delhi HC suggests DRT Approach [Read Order]
The Delhi High Court disposed the Writ Petition against Non-Banking Financial Company (NBFC) under section 14(2) of the Securitization and...
![Remedy for Proceedings Lies before DRT on Initiation of Proceedings u/s 13(4) of SARFAESI Act: HP HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Remedy-Proceedings-Lies-before-DRT-on-Initiation-of-Proceedings-SARFAESI-Act-HP-HC-TAXSCAN.jpg "Remedy for Proceedings Lies before DRT on Initiation of Proceedings u/s 13(4) of SARFAESI Act: HP HC [Read Order]")
![DRT fails to provide remedy on Forfeited Earnest Money Deposit Refund for want of jurisdiction : Bombay HC directs re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/DRT-Earnest-Money-Deposit-Money-Deposit-Deposit-Refund-Bombay-High-Court-re-adjudication-taxscan.jpg "DRT fails to provide remedy on Forfeited Earnest Money Deposit Refund for want of jurisdiction : Bombay HC directs re-adjudication [Read Order]")
Income Tax Department attach property prior to mortgage: Orissa HC directs to raise plea before DRT [Read Order]
Orissa High Court (HC) tried four Revision Petitions and among two from Income Tax Department (ITD) directed the ITD and parties to raise a plea before the Debt Recovery Tribunals (DRT). The bench...
![Income Tax Department attach property prior to mortgage: Orissa HC directs to raise plea before DRT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Department-attach-property-prior-mortgage-Orissa-HC-DRT-TAXSCAN.jpg "Income Tax Department attach property prior to mortgage: Orissa HC directs to raise plea before DRT [Read Order]")
Notice not mandatory for Personal Guarantor at the stage of appointment of IRP: NCLT rules in favour of Central Bank of India
In the case of the Central Bank of India, the National Company Law Tribunal (NCLT) of Amaravati Bench held that notice is not mandatory for a Personal Guarantor at the stage of appointment of IRP. ...
Non-Registration of Mortgage, hypothecation of Security Interest created by virtue of DRT Judgment can’t be classified as Unsecured Creditor: NCLAT [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) held that Non-registration of mortgage, hypothecation of security interest created by virtue of Debt Recovery Tribunal judgment...
![Non-Registration of Mortgage, hypothecation of Security Interest created by virtue of DRT Judgment can’t be classified as Unsecured Creditor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/NCLAT-Non-registration-of-mortgage-DRT-judgment-taxscan.jpg "Non-Registration of Mortgage, hypothecation of Security Interest created by virtue of DRT Judgment can’t be classified as Unsecured Creditor: NCLAT [Read Order]")
Limitation period will not be extended in SARFAESI & DRT Proceedings on part payment under IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) affirmed that the limitation period will not be extended in The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities...
![Limitation period will not be extended in SARFAESI & DRT Proceedings on part payment under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/12/NCLAT-Taxscan.jpg "Limitation period will not be extended in SARFAESI & DRT Proceedings on part payment under IBC: NCLAT [Read Order]")
