NCLT alone has Jurisdiction Over Personal Guarantor Insolvency when CIRP Is Pending: Bombay HC orders Transfer of Proceedings
The Bombay High Court held that insolvency proceedings against personal guarantors must be filed before, or transferred to, the National Company Law...
![SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/250x150_2109238-sarfaesi-deemed-valid-invocation-nclt-insolvency-personal-guarantor-taxscan.webp "SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]")
![Blatant Abuse of Process of Law’: Delhi HC dismisses Guarantors Plea against PNB, Canara Bank, Imposes Rs 1 Lakh Cost [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/250x150_2109265-pnb-cestat-cenvat-credit-input-services-taxscan.webp "Blatant Abuse of Process of Law’: Delhi HC dismisses Guarantors Plea against PNB, Canara Bank, Imposes Rs 1 Lakh Cost [Read Order]")
![DRAT Condones 46-Day Delay in SARFAESI Application Due to Medical Issues [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/250x150_2107886-sarfaesi-act-sarfaesi-application-delay-taxscan.webp "DRAT Condones 46-Day Delay in SARFAESI Application Due to Medical Issues [Read Order]")
![Property not Proven as Agricultural Land: DRAT dismisses Appeal against PNB in SARFAESI Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/250x150_2108357-sarfaesi-act-taxscan.webp "Property not Proven as Agricultural Land: DRAT dismisses Appeal against PNB in SARFAESI Case [Read Order]")
Relief to Aditya Birla Capital: Himachal Pradesh HC Sets Two-Month Deadline for Pending SARFAESI Plea [Read Order]
The Himachal Pradesh High Court has provided relief to Aditya Birla Capital Ltd. by directing a lower court to decide its pending application under the SARFAESI Act, 2002, setting a two-month...
![Relief to Aditya Birla Capital: Himachal Pradesh HC Sets Two-Month Deadline for Pending SARFAESI Plea [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107043-bca4fc7f-3777-4bb1-ac98-e91a1099367e.webp "Relief to Aditya Birla Capital: Himachal Pradesh HC Sets Two-Month Deadline for Pending SARFAESI Plea [Read Order]")
Relief to ICICI Home Finance: Chhattisgarh HC Raps Tehsildar for Delay, Calls SARFAESI Action a "Ministerial Step" [Read Order]
In a ruling in favour of ICICI Home Finance Company Limited, the Chhattisgarh HighCourt has directed the Tehsildar to comply with a possession order under the SARFAESI Act, emphasising that the duty...
![Relief to ICICI Home Finance: Chhattisgarh HC Raps Tehsildar for Delay, Calls SARFAESI Action a Ministerial Step [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/500x300_2106686-sarfaesi-act-chhattisgarh-high-court-icici-home-finance-taxscan.webp "Relief to ICICI Home Finance: Chhattisgarh HC Raps Tehsildar for Delay, Calls SARFAESI Action a Ministerial Step [Read Order]")
Calcutta HC Directs State of West Bengal to Execute SARFAESI Order for Cholamandalam Finance Within 4 Weeks [Read Order]
In the case of Cholamandalam Investment & Finance Company Limited, the Calcutta High Court has directed the State of West Bengal to execute a SARFAESI order, holding that the state is obligated...
![Calcutta HC Directs State of West Bengal to Execute SARFAESI Order for Cholamandalam Finance Within 4 Weeks [Read Order]](https://images.taxscan.in/h-upload/2025/11/18/500x300_2106418-calcutta-hc-directs-state-west-bengal-execute-sarfaesi-order-cholamandalam-finance-txn.webp "Calcutta HC Directs State of West Bengal to Execute SARFAESI Order for Cholamandalam Finance Within 4 Weeks [Read Order]")
Equitable Mortgage Requires Original Title Deeds, Not Copies: DRAT Upholds CSB’s Prior Charge, Sets Aside Punjab & Sind Bank’s SARFAESI Sale [Read Order]
The Debt Recovery Appellate Tribunal (DRAT), Chennai, has dismissed appeals filed by Punjab & Sind Bank (PSB) and an auction purchaser, upholding a prior mortgage held by Catholic Syrian...
![Equitable Mortgage Requires Original Title Deeds, Not Copies: DRAT Upholds CSB’s Prior Charge, Sets Aside Punjab & Sind Bank’s SARFAESI Sale [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105132-drat-sarfaesi-punjab-and-sind-bank-taxscan.webp "Equitable Mortgage Requires Original Title Deeds, Not Copies: DRAT Upholds CSB’s Prior Charge, Sets Aside Punjab & Sind Bank’s SARFAESI Sale [Read Order]")
Relief for BOI: NCLT Admits Section 7 Plea under IBC after Finding Corporate Debtor in Default of ₹153.98 Crore [Read Order]
The Delhi Bench of National Company Law Tribunal ( NCLT ) admitted a Section 7 application filed by Bank of India under the Insolvency and Bankruptcy Code, 2016, after finding the corporate debtor in...
![Relief for BOI: NCLT Admits Section 7 Plea under IBC after Finding Corporate Debtor in Default of ₹153.98 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100815-boi-nclt-section-7-plea-ibc-corporate-debtor-txn.webp "Relief for BOI: NCLT Admits Section 7 Plea under IBC after Finding Corporate Debtor in Default of ₹153.98 Crore [Read Order]")
DRAT Holds Bank of Maharashtra Liable for Interest on Funds Held for Over 3 Years After Botched Sale [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad, has modified an order of the Debt Recovery Tribunal, holding Bank of Maharashtra liable to pay interest on auction proceeds it held for over...
![DRAT Holds Bank of Maharashtra Liable for Interest on Funds Held for Over 3 Years After Botched Sale [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100786-drat-holds-bank-maharashtra-liable-interest-funds-botched-sale-taxscan.webp "DRAT Holds Bank of Maharashtra Liable for Interest on Funds Held for Over 3 Years After Botched Sale [Read Order]")
SC/ST Provisions cannot be Invoked to Obstruct Banks’ Lawful Security Interest & Mortgage Rights u/ SARFAESI: Delhi HC [Read Order]
The Delhi High Court recently held that provisions of the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989 (SC/ST Act) cannot be invoked to frustrate a bank’s lawful...
![SC/ST Provisions cannot be Invoked to Obstruct Banks’ Lawful Security Interest & Mortgage Rights u/ SARFAESI: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099435-sarfaesi-delhi-high-court-sc-st-provisions-taxscan.webp "SC/ST Provisions cannot be Invoked to Obstruct Banks’ Lawful Security Interest & Mortgage Rights u/ SARFAESI: Delhi HC [Read Order]")