![Breach of Rule 9(4) of Security Interest (Enforcement) Rules Without Written Extension: DRAT sets aside Sale Certificate and Auction Sale [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/500x300_2122178-breach-of-rule-94-of-security-interest-enforcement-rules-without-written-extension-drat-sets-aside-sale-certificate-and-auction-sale-taxscan.webp "Breach of Rule 9(4) of Security Interest (Enforcement) Rules Without Written Extension: DRAT sets aside Sale Certificate and Auction Sale [Read Order]")
Breach of Rule 9(4) of Security Interest (Enforcement) Rules Without Written Extension: DRAT sets aside Sale Certificate and Auction Sale [Read Order]
The Kolkata bench of the Debt Recovery Appellate Tribunal (DRAT) has upheld the order of the Debt Recovery Tribunal (DRT) and has set aside the sale...
![Application u/s 19 of Recovery of Debts and Bankruptcy Act Maintainable Where Bank Holds Account: DRAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/250x150_2122169-application-us-19-recovery-of-debts-bankruptcy-act-maintainable-where-bank-holds-account-drat-taxscan.webp "Application u/s 19 of Recovery of Debts and Bankruptcy Act Maintainable Where Bank Holds Account: DRAT [Read Order]")
![Delay Alone Doesn’t Vitiate NPA Order: Delhi HC Upholds DRAT Ruling Restoring SARFAESI Measures Against Company [Read Judgment]](https://images.taxscan.in/h-upload/2026/01/19/250x150_2120785-delay-alone-doesnt-vitiate-npa-order-delhi-hc-upholds-drat-ruling-restoring-sarfaesi-measures-against-company-taxscan.webp "Delay Alone Doesn’t Vitiate NPA Order: Delhi HC Upholds DRAT Ruling Restoring SARFAESI Measures Against Company [Read Judgment]")
![Corporate Insolvency Process initiated against the Damara Gold Over ₹39 Crore Default: NCLT Admits PNBs Insolvency Plea [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/250x150_2118053-corporate-insolvency-process-initiated-against-damara-gold-taxscan.jfif "Corporate Insolvency Process initiated against the Damara Gold Over ₹39 Crore Default: NCLT Admits PNBs Insolvency Plea [Read Order]")
![PNB Appeal Succeeds: DRAT Sets Aside Tribunal Order Over Procedural Compliance in SARFAESI Possession Notice [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/250x150_2115849-pnb-appeal-succeeds-drat-sets-aside-tribunal-order-over-procedural-compliance-sarfaesi-possession-notice-taxscan.webp "PNB Appeal Succeeds: DRAT Sets Aside Tribunal Order Over Procedural Compliance in SARFAESI Possession Notice [Read Order]")
SBI Appeal Allowed: Borrowers Not Entitled to Compensation Under SARFAESI Section 19 Without Actual Possession, Rules DRAT [Read Order]
The Debt RecoveryAppellate Tribunal (DRAT) held that compensation under Section 19 of the SARFAESI Act was payable only if physical/actual possession of secured assets was taken and found unlawful...
![SBI Appeal Allowed: Borrowers Not Entitled to Compensation Under SARFAESI Section 19 Without Actual Possession, Rules DRAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2115827-sbi-appeal-allowed-borrowers-entitled-compensation-sarfaesi-section-19-actual-possession-rules-drat-taxscan.webp "SBI Appeal Allowed: Borrowers Not Entitled to Compensation Under SARFAESI Section 19 Without Actual Possession, Rules DRAT [Read Order]")
SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted an application to initiate the insolvency resolution process against a personal guarantor, holding that a notice issued under the...
![SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/500x300_2109238-sarfaesi-deemed-valid-invocation-nclt-insolvency-personal-guarantor-taxscan.webp "SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read Order]")
Guarantee Covered Existing ₹44 Cr Credit Facilities, Not Future Loan: NCLAT Upholds Admission u/s 95 Against Personal Guarantor [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, delivered a significant ruling affirming the admission of insolvency proceedings under Section 95 of the Insolvency and...
![Guarantee Covered Existing ₹44 Cr Credit Facilities, Not Future Loan: NCLAT Upholds Admission u/s 95 Against Personal Guarantor [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/500x300_2106586-personal-guaranter.webp "Guarantee Covered Existing ₹44 Cr Credit Facilities, Not Future Loan: NCLAT Upholds Admission u/s 95 Against Personal Guarantor [Read Order]")
No Procedural Lapse in Union Bank's Auction: DRAT dismisses Borrowers' Plea Over Notice Service and Sale Timing [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad, has dismissed an appeal filed by borrowers challenging the auction of their property by Union Bank of India, upholding the bank's actions as...
![No Procedural Lapse in Union Banks Auction: DRAT dismisses Borrowers Plea Over Notice Service and Sale Timing [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100855-lapse-in-union-banks-auction-drat-borrowers-plea-over-notice-service-sale-timing-taxscan.webp "No Procedural Lapse in Union Banks Auction: DRAT dismisses Borrowers Plea Over Notice Service and Sale Timing [Read Order]")