134 days Delay in filing Appeal is not Condonable as per SARFAESI Act even without Cogent Reason : DRAT Dismisses appeal of PNB Housing Finance
In a recent case, the Allahabad bench of the Debt Recovery Appellate Tribunal(DRAT) dismisses the condonation application of PNB Housing Finance ...
![NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/250x150_2055170-nclat-debt-sarfaesi-section-91e-rbi-clause-taxscan.webp "NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]")
![SARFAESI Act Allows Joint Application by Tenants with Separate Lease Agreements: Kerala High Court [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/250x150_2053620-joint-application-tenants-lease-agreements-taxscan.webp "SARFAESI Act Allows Joint Application by Tenants with Separate Lease Agreements: Kerala High Court [Read Order]")
SARFAESI and RDB Act Prevail Over TN General Sales Tax Act in Public Interest: Madras HC Grants Relief to Indian Bank [Read Order]
In a recent ruling, the Madras High Court has held that the provisions of the SARFAESI Act and the Recovery of Debts and Bankruptcy Act ( RDB Act ) would prevail over the Tamil Nadu General Sales...
![SARFAESI and RDB Act Prevail Over TN General Sales Tax Act in Public Interest: Madras HC Grants Relief to Indian Bank [Read Order]](https://images.taxscan.in/h-upload/2025/06/16/500x300_2045483-indian-bank-site-img-1.webp "SARFAESI and RDB Act Prevail Over TN General Sales Tax Act in Public Interest: Madras HC Grants Relief to Indian Bank [Read Order]")
SARFAESI Act Prevails Over Tax Claims: Madras HC Directs Registration of Property Sale Certificate [Read Order]
The Madras High Court has held that the rights of secured creditors under the SARFAESI Act take precedence over tax claims by revenue authorities, and directed the Sub-Registrar at Puducherry to...
![SARFAESI Act Prevails Over Tax Claims: Madras HC Directs Registration of Property Sale Certificate [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Supreme-Court-DRT-limited-Section-134-of-SARFAESI-Property-Ownership-Taxscan.jpg "SARFAESI Act Prevails Over Tax Claims: Madras HC Directs Registration of Property Sale Certificate [Read Order]")
Civil Suit for Declaration as Null and Void barred u/s 34 of SARFAESI Act when Bank Account declared as NPA: Allahabad HC [Read Order]
Reinforcing the exclusive jurisdiction of the Debts Recovery Tribunal (DRT) under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, the...
![Civil Suit for Declaration as Null and Void barred u/s 34 of SARFAESI Act when Bank Account declared as NPA: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Civil-Suit.jpg "Civil Suit for Declaration as Null and Void barred u/s 34 of SARFAESI Act when Bank Account declared as NPA: Allahabad HC [Read Order]")
![Â SARFAESI Act & RDB Act Prevail Over Section 24 of TNGST Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/SARFAESI-Act-RDB-Act-Prevail-Section-24-of-TNGST-Act-Madras-HC-TAXSCAN.jpg "Â SARFAESI Act & RDB Act Prevail Over Section 24 of TNGST Act: Madras HC [Read Order]")
Supreme Court Directs RBI to Standardize Modus and Costs for Property Title Search Report and Loan Sanctioning Officers’ Liability [Read Judgement]
The Supreme Court of India, in a landmark judgment, directed the Reserve Bank of India (RBI) to formulate a standardized framework for property title search reports and establish clear accountability...
NCLAT upholds S. 95 Application against Personal Guarantor, Rejects Time-Bar Claim and Authorization Challenge [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal ( NCLAT ) upheld the validity of the Section 95 application filed by State Bank of India, the Financial Creditor, against the Personal...
Secured Creditor Is Liable To Pay Liquidator's Fees Under Rule 21A Of IBC Liquidation Regulations: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that the fee of the liquidator has to be paid within 90 days from the liquidation commencement date as provided...
