Debts Recovery Appellate Tribunal Case Commentaries

Limitation of DRT's Jurisdiction over OTS Proposals under SARFAESI Act: A Precedent from Punjab National Bank v. MS Walia Traders Limited

Date: Feb 23, 2023

Limitation of DRT's Jurisdiction over OTS Proposals under SARFAESI Act: A Precedent from Punjab National Bank v. MS Walia Traders Limited Introduction The case of PUNJAB NATIONAL BANK v. MS WALIA...

Judicial Discipline and Refund Entitlement in SARFAESI Proceedings: BHAGABATI OJHA v. CENTRAL BANK OF INDIA

Date: Feb 3, 2023

Judicial Discipline and Refund Entitlement in SARFAESI Proceedings: BHAGABATI OJHA v. CENTRAL BANK OF INDIA Introduction The case of Bhagabati Ojha v. Central Bank of India adjudicated by the Debts...

Central Bank of India v. Howrah Light Steel Casting: A New Precedent on SARFAESI Act Compliance

Date: Feb 3, 2023

Central Bank of India v. Howrah Light Steel Casting: A New Precedent on SARFAESI Act Compliance Introduction The case of Central Bank of India v. Howrah Light Steel Casting adjudicated by the Debts...

Guarding Judicial Integrity: Stringent Standards for Case Transfer in Debt Recovery Tribunals

Date: Sep 28, 2022

Guarding Judicial Integrity: Stringent Standards for Case Transfer in Debt Recovery Tribunals Introduction The case of M/S. Hanuman Das Roshan Lal vs. State Bank of India adjudicated by the Debts...

Enhanced Procedural Safeguards in SARFAESI Act: Kenwood Marketing Inc. vs. HDFC Bank Ltd.

Date: Jun 21, 2022

Enhanced Procedural Safeguards in SARFAESI Act: Kenwood Marketing Inc. vs. HDFC Bank Ltd. Introduction The case of Kenwood Marketing Inc. vs. HDFC Bank Ltd. And Others is a pivotal judgment rendered...

Prior Mortgage Prevails Over Unregistered Agreements: Amit Sharma v. State Bank of India

Date: May 25, 2022

Prior Mortgage Prevails Over Unregistered Agreements: Amit Sharma v. State Bank of India Introduction The case of Amit Sharma And Another v. State Bank Of India And Another adjudicated by the Debts...

Fullerton India Credit Company Ltd. v. Advance Surfactants India Ltd.: Setting a Precedent on Auction Fraud under SARFAESI Act

Date: May 18, 2021

Fullerton India Credit Company Ltd. v. Advance Surfactants India Ltd.: Setting a Precedent on Auction Fraud under SARFAESI Act Introduction The case of Fullerton India Credit Company Ltd. v. Advance...

Restricting Misuse of Order VII Rule 11 in Debt Recovery Proceedings: Insights from H.N. Singh v. Indian Overseas Bank

Date: May 11, 2021

Restricting Misuse of Order VII Rule 11 in Debt Recovery Proceedings: Insights from H.N. Singh v. Indian Overseas Bank Introduction The case of H.N. Singh v. Indian Overseas Bank And Others...

Mandatory Impleadment of Necessary Parties in Debt Recovery Applications: Insights from H.N. Singh v. Indian Overseas Bank

Date: May 8, 2021

Mandatory Impleadment of Necessary Parties in Debt Recovery Applications: Insights from H.N. Singh v. Indian Overseas Bank Introduction The case of H.N. Singh v. Indian Overseas Bank And Others...

Bank of India v. Alchemist: Affirmation of SARFAESI Act Procedures for Debt Recovery

Date: Feb 17, 2021

Bank of India v. Alchemist: Affirmation of SARFAESI Act Procedures for Debt Recovery Introduction The case of Bank of India and Another v. Alchemist, A Proprietorship Firm And Others adjudicated by...

Time Compliance in Disposal of Representations under SARFAESI Act: Insights from Authorized Officer, Aditya Birla Finance Ltd. v. Sanco Industries Limited

Date: Jan 14, 2021

Time Compliance in Disposal of Representations under SARFAESI Act: Insights from Authorized Officer, Aditya Birla Finance Ltd. v. Sanco Industries Limited Introduction The case of Authorized Officer,...

Reaffirmation of Notice Service Compliance Under SARFAESI Act: Chand Yadav v. Authorized Officer, Punjab National Bank And Others

Date: Jan 13, 2021

Reaffirmation of Notice Service Compliance Under SARFAESI Act: Chand Yadav v. Authorized Officer, Punjab National Bank And Others Introduction The case of Chand Yadav v. Authorized Officer, Punjab...

Edelweiss Asset Reconstruction Company Ltd. v. M/S Nishiland Park Ltd. and Ors: A Landmark Decision on Debt Recovery and Supervisory Jurisdiction

Date: Aug 5, 2020

Edelweiss Asset Reconstruction Company Ltd. v. M/S Nishiland Park Ltd. and Ors: A Landmark Decision on Debt Recovery and Supervisory Jurisdiction Introduction The case of Edelweiss Asset...

Ex Parte Appointment of Receivers Under RDDBFI Act: Insights from HDFC Bank Ltd v. South Delhi Motorcycles

Date: Jul 26, 2020

Ex Parte Appointment of Receivers Under RDDBFI Act: Insights from HDFC Bank Ltd v. South Delhi Motorcycles Introduction The case of HDFC Bank Ltd vs. South Delhi Motorcycles adjudicated by the Debts...

Ensuring Proper Service of Sale Notices under SARFAESI Act: Insights from M S Vidyawati Sales Corporation v. Canara Bank

Date: Jan 29, 2020

Ensuring Proper Service of Sale Notices under SARFAESI Act: Insights from M S Vidyawati Sales Corporation v. Canara Bank Introduction The case of M S Vidyawati Sales Corporation v. Canara Bank...

Entitlement of Forfeited Auction Deposits Under SARFAESI Act: Insights from STATE BANK OF INDIA v. ANIL KUMAR SHUKLA AND ANOTHERS

Date: Jan 25, 2020

Entitlement of Forfeited Auction Deposits Under SARFAESI Act: Insights from State Bank of India v. Anil Kumar Shukla and Others Introduction The case of State Bank of India v. Anil Kumar Shukla and...

Secured Creditors' Priority vs. Statutory Dues: Landmark Decision in Chl Ltd v. Union of India

Date: Apr 2, 2014

Secured Creditors' Priority vs. Statutory Dues: Landmark Decision in Chl Ltd v. Union of India 1. Introduction The case of Chl Ltd v. Union Of India & Ors. adjudicated by the Debts Recovery Appellate...

Priority of Mortgage Rights and Protection of Third-Party Purchasers: Insights from India SME Asset Reconstruction Co. Ltd. v. Corporation Bank & Ors.

Date: Mar 20, 2014

Priority of Mortgage Rights and Protection of Third-Party Purchasers: Insights from India SME Asset Reconstruction Co. Ltd. v. Corporation Bank & Ors. Introduction The case of India SME Asset...

DRAT Upholds Importance of Procedural Compliance under SARFAESI Act in Property Foreclosure

Date: Jan 28, 2014

DRAT Upholds Importance of Procedural Compliance under SARFAESI Act in Property Foreclosure Introduction The case of Ram Pal & Associates & Ors. v. Rahul Motors Pvt. Ltd. & Ors. adjudicated by the...

SARFAESI Act Applicability and Procedural Compliance Affirmed: Insights from Bank Of India v. Punjab Milkchem Ltd. & Ors.

Date: Dec 17, 2013

SARFAESI Act Applicability and Procedural Compliance Affirmed: Insights from Bank Of India v. Punjab Milkchem Ltd. & Ors. Introduction The case of Bank Of India v. Punjab Milkchem Ltd. & Ors....