Challenge on Sale Conducted by IOB Not Maintainable Based on Unregistered Sale Deed Which has No Legal Sanctity: DRAT
The Kolkata bench of the Debts Recovery Appellate Tribunal (DRAT) has held that the challenge on sale conducted by IOB is not valid as it was based...
![Telangana HC Dismisses State Bank of Indias Writ Plea: Upholds Auction Invalidation Over SARFAESI Violations [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/250x150_2062480-sbi-taxscan.webp "Telangana HC Dismisses State Bank of Indias Writ Plea: Upholds Auction Invalidation Over SARFAESI Violations [Read Order]")
![DRT not bound by CPC as it has Provision u/s 22 of RDB Act: Madras HC Dismisses Petition against The Central Bank [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2061779-central-bank-taxscan.webp "DRT not bound by CPC as it has Provision u/s 22 of RDB Act: Madras HC Dismisses Petition against The Central Bank [Read Order]")
![Challenge against Tender Cum-Auction Sale Notice under SARFAESI Act: Madras HC dismisses Writ petition on availability of Remedy under Statute [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/250x150_2059780-challenge-against-tender-cum-auction-sale-notice-tender-cum-auction-sale-notice-tender-cum-auction-sale-notice-under-sarfaesi-act-taxscan.webp "Challenge against Tender Cum-Auction Sale Notice under SARFAESI Act: Madras HC dismisses Writ petition on availability of Remedy under Statute [Read Order]")
![Mere Typographical error in demand notice would not invalidate recovery proceedings Initiated by Union Bank of India: DRT [Read Order]](https://images.taxscan.in/h-upload/2025/07/05/250x150_2059368-union-bank-india-taxscan.webp "Mere Typographical error in demand notice would not invalidate recovery proceedings Initiated by Union Bank of India: DRT [Read Order]")
Relief to Punjab National Bank : DRAT Directs Fresh adjudication on submission of Additional Evidence Taken under Securitization Application
The Kolkata bench of the Debts Recovery Appellate Tribunal ( DRAT ) in a ruling in favour of Punjab National Bank has directed the fresh adjudication on submission of additional evidence taken ...
Bank Proceeded with Auction of property under SARFAESI Act, 2002 and Failure to Follow Court's Direction is misusing Process : DRAT Dismisses Appeal
In a recent case, the Kolkata bench of the Debts Recovery Appellate Tribunal (DRAT) dismissed the appeal by holding that the bank proceeded with the auction of property under the SARFAESI Act,...
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 holding that 134 days delay in filing appeal is not...
Invalidating Sale on ground processing of valuation report as per SARFAESI Act is not Maintainable in Absence of Changes in Valuation: DRAT rules in favour of SBI
The Chennai bench of the Debt Recovery Appellate Tribunal (DRAT) in a ruling in favor of SBI, has held that invalidating sale on ground of processing a valuation report as per the SARFAESI Act is...
Loan granted under state govt sponsored scheme not Amounts debt u/s 2(g) of RDB Act, Proceeding under SARFAESI Act Not Maintainable: DRAT
The Debts Recovery Appellate Tribunal (DRAT) at Allahabad Bench has ruled that loan granted under state government-sponsored scheme is not amount to debt under section 2(g) of the Recovery of Debts...
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]
The National Company Law Appellate Tribunal (NCLAT) upheld the assignment of unsustainable debt under the resolution plan, finding it in compliance with Section 9(1)(e) of the SARFAESI Act and...
![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/2025/06/27/500x300_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]
The Kerala High Court has clarified that the SARFAESI Act, 2002, does not prohibit multiple tenants from filing a consolidated application before the Debts Recovery Tribunal (DRT), even if separate...
![SARFAESI Act Allows Joint Application by Tenants with Separate Lease Agreements: Kerala High Court [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/500x300_2053620-joint-application-tenants-lease-agreements-taxscan.webp "SARFAESI Act Allows Joint Application by Tenants with Separate Lease Agreements: Kerala High Court [Read Order]")