Debts Recovery Tribunal Case Commentaries

Establishing Repossession Rights under the Recovery of Debts & Bankruptcy Act: PNB vs. Shri Balaji Timber and Co

Date: Sep 6, 2023

Establishing Repossession Rights under the Recovery of Debts & Bankruptcy Act: PNB vs. Shri Balaji Timber and Co Introduction The case of Punjab National Bank (PNB) v. Shri Balaji Timber and Co...

Establishing Precedent for Automatic Recovery Certificates in DRB Tribunals

Date: Jul 6, 2023

Establishing Precedent for Automatic Recovery Certificates in DRB Tribunals Introduction The case of Union Bank of India v. M/s Swastik Enterprises adjudicated by the Debts Recovery Tribunal (DRB) in...

Ex-Parte Adjudication in Debt Recovery Under the RODB Act: Insights from HDFC Bank v. M/S Sai Ram Traders

Date: Jul 1, 2023

Ex-Parte Adjudication in Debt Recovery Under the RODB Act: Insights from HDFC Bank Ltd. v. M/S Sai Ram Traders and Others Introduction The case of HDFC Bank Ltd. v. M/S Sai Ram Traders and Others...

Enforcement of Security Interests on Non-Agricultural Land: MS Durga Bhavani Agro Tech Industry v. Canara Bank

Date: Jun 21, 2023

Enforcement of Security Interests on Non-Agricultural Land: MS Durga Bhavani Agro Tech Industry v. Canara Bank Introduction The case of MS Durga Bhavani Agro Tech Industry v. Canara Bank was...

Limitation of Recovery Charges in Debt Recovery Proceedings: ICICI Bank vs. Jai Shree Foods

Date: May 26, 2023

Limitation of Recovery Charges in Debt Recovery Proceedings: ICICI Bank vs. Jai Shree Foods 1. Introduction The case of ICICI Bank Limited v. M/S Jai Shree Foods and Spices adjudicated by the Debts...

Awarding of Interest in Debt Recovery Tribunal Actions: Analysis of State Bank of India v. M/s Shrikanth Construction

Date: May 5, 2023

Awarding of Interest in Debt Recovery Tribunal Actions: Analysis of State Bank of India v. M/s Shrikanth Construction Introduction The case of State Bank of India (SBI) vs. M/s Shrikanth Construction...

Strengthening Document Authentication and Application Maintainability under SARFAESI Act: Insights from SHIPRA HOTELS LIMITED v. INDIA BULLS HOUSING FINANCE LTD

Date: Mar 17, 2023

Strengthening Document Authentication and Application Maintainability under SARFAESI Act: Insights from SHIPRA HOTELS LIMITED v. INDIA BULLS HOUSING FINANCE LTD 1. Introduction The case Shipra Hotels...

Enforcement of Debt Recovery and Security Interests: PNB v. M/s Dayal Seeds Industries

Date: Feb 17, 2023

Enforcement of Debt Recovery and Security Interests: PNB v. M/s Dayal Seeds Industries Introduction The case of Punjab National Bank (PNB) vs. M/s Dayal Seeds Industries & Others adjudicated by the...

Punjab National Bank v. Mohd. Abid: Establishing Robust Recovery Mechanisms under the Recovery of Debts and Bankruptcy Act, 1993

Date: Feb 11, 2023

Punjab National Bank v. Mohd. Abid: Establishing Robust Recovery Mechanisms under the Recovery of Debts and Bankruptcy Act, 1993 Introduction The case of Punjab National Bank v. Mohd. Abid...

Enforcement of Debt Recovery under RDB Act: PNB v. Laxmi Traders Establishes Procedural Guidelines

Date: Feb 8, 2023

Enforcement of Debt Recovery under RDB Act: Punjab National Bank v. M/S Laxmi Traders Establishes Procedural Guidelines Introduction The case of Punjab National Bank (Erstwhile United Bank of India)...

Bank of Baroda v. Sri Samrat Chatterjee and Others: Establishing Rigorous Enforcement under the Recovery of Debts and Bankruptcy Act, 1993

Date: Jan 13, 2023

Bank of Baroda v. Sri Samrat Chatterjee and Others: Establishing Rigorous Enforcement under the Recovery of Debts and Bankruptcy Act, 1993 Introduction The case Bank of Baroda v. Sri Samrat...

Ex-Parte Recovery under RDDBIA Act: Union Bank of India v. Naresh Kumar Kalra

Date: Jan 13, 2023

Ex-Parte Recovery under RDDBIA Act: Union Bank of India v. Naresh Kumar Kalra Introduction The case of Union Bank of India v. Naresh Kumar Kalra adjudicated by the Debts Recovery Tribunal (DRT),...

Enforcement of KCC Loan and Recovery under RODB Act: Insights from Kotak Mahindra Bank Ltd. v. Kesar Singh & Others

Date: Dec 31, 2022

Enforcement of KCC Loan and Recovery under RODB Act: Insights from Kotak Mahindra Bank Ltd. v. Kesar Singh & Others Introduction The case of Kotak Mahindra Bank Ltd. v. Kesar Singh & Others...

Enforcement of Debt Recovery under RDB Act: Insights from PNB v. Raj Ceramics

Date: Dec 22, 2022

Enforcement of Debt Recovery under RDB Act: Insights from PNB v. Raj Ceramics Introduction The case of Punjab National Bank vs. M/s Raj Ceramics & Others was adjudicated by the Debts Recovery...

Punjab National Bank v. M/s Balaji Associates & Others: Upholding Financial Discipline in Debt Recovery

Date: Dec 22, 2022

Punjab National Bank v. M/s Balaji Associates & Others: Upholding Financial Discipline in Debt Recovery Introduction The case of Punjab National Bank v. M/s Balaji Associates & Others adjudicated by...

Punjab National Bank v. Rahul Kumar: Ex-Parte Debt Recovery and Adherence to RBI Interest Guidelines

Date: Dec 20, 2022

Punjab National Bank v. Rahul Kumar: Ex-Parte Debt Recovery and Adherence to RBI Interest Guidelines Introduction The case of Punjab National Bank v. Rahul Kumar adjudicated by the Debts Recovery...

Strengthening Debt Recovery Mechanisms: Analysis of Punjab National Bank v. M/S Baby Club

Date: Dec 20, 2022

Strengthening Debt Recovery Mechanisms: Analysis of Punjab National Bank v. M/S Baby Club 1. Introduction The case of Punjab National Bank v. M/S Baby Club adjudicated by the Debts Recovery Tribunal...

Strengthening Debt Recovery Mechanisms: Insights from State Bank of India v. M/s S.K. Rice Mills

Date: Nov 26, 2022

Strengthening Debt Recovery Mechanisms: Insights from State Bank of India v. M/s S.K. Rice Mills Introduction The case of State Bank of India (SBI) v. M/s S.K. Rice Mills & Others adjudicated by the...

DRT Mumbai Sets Precedent: Strict Compliance Required for SARFAESI Act Notices

Date: Nov 25, 2022

DRT Mumbai Sets Precedent: Strict Compliance Required for SARFAESI Act Notices Introduction The case of M/S Nyka Steel Pvt Ltd. v. UCO Bank adjudicated by the Debts Recovery Tribunal (DRT) No.2,...

Debt Recovery Tribunal on Interest and Principal Recovery: Comprehensive Analysis of ICICI Bank Limited v. Jyoti Malik

Date: Nov 22, 2022

Debt Recovery Tribunal on Interest and Principal Recovery: Comprehensive Analysis of ICICI Bank Limited v. Jyoti Malik 1. Introduction The case of ICICI Bank Limited v. Jyoti Malik adjudicated by the...