Fema / RBI : Learn the core underpinnings of the Code of Conduct for Debt Recovery Agents, prescribed by the Reserve Bank of India and Bank/Fin...
Corporate Law : This paper mainly discusses the scenario in the current legal system with respect to loan repayments and the laws related to them....
Finance : There is no mention of the term re-sealing of property in SARFAESI Act, 2022 and the Recovery of Debts and Bankruptcy (RDB) Act, 1...
Corporate Law : DRAT Mumbai dismissed Bank of Maharashtra’s appeal, ruling the payment wasn’t made under reserve, with no fault attributed to ...
Corporate Law : Delhi High Court orders DRAT Chairperson to decide on a waiver for the 25% deposit in a securitization case, providing relief to C...
Finance : Frequent vacancy arising in DRT is an issue which needs consideration by Government and practical solution has to be found at the ...
Corporate Law : Whether improper hair cut & consequent humiliation/embarrassment is deficiency in service for compensation under Consumer Protecti...
Corporate Law : Maa Kalika Bhandar and Others Vs Collector and District Magistrate (Orissa High Court) Property was mortgaged in favour of the Ban...
Corporate Law : Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2023 – The e-filing of ...
Corporate Law : MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 10th September, 2021 S.O. 4145(E).—In exercis...
Finance : (1) These rules may be called the Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Ru...
Finance : Central Government hereby notifies the following change in the location of Debts Recovery Appellate Tribunal, Chennai with effect ...
Company Law : Central Government hereby notifies the establishment of the Debts Recovery Tribunal at Siliguri with effect from the 16th day of M...
DRAT Mumbai dismissed Bank of Maharashtra’s appeal, ruling the payment wasn’t made under reserve, with no fault attributed to the exporter.
Delhi High Court orders DRAT Chairperson to decide on a waiver for the 25% deposit in a securitization case, providing relief to Chaudhary Ventures Pvt. Ltd.
Frequent vacancy arising in DRT is an issue which needs consideration by Government and practical solution has to be found at the earliest.
Learn the core underpinnings of the Code of Conduct for Debt Recovery Agents, prescribed by the Reserve Bank of India and Bank/Financial company policies. Understand the Purpose, Philosophy and Spirit to be followed by agents at all times. Be professional and act within laws and regulations.
Whether improper hair cut & consequent humiliation/embarrassment is deficiency in service for compensation under Consumer Protection Laws
Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2023 – The e-filing of pleadings with Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunals (DRATs) by applicants is mandatory and any other form of filing shall not be taken on record. MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, […]
Maa Kalika Bhandar and Others Vs Collector and District Magistrate (Orissa High Court) Property was mortgaged in favour of the Bank on 28.06.2016 whereas the Income Tax Authorities had attached the same on 31.12.2015. Hence, the mortgaged transaction in favour of the Bank is void. Main argument stressed is that the properties in both the […]
Nipun Praveen Singhvi Vs Union of India (Gujarat High Court) Ministry of Personnel, Public Grievances and Pensions, Department of Personnel and Training Secretariat of the Appointments Committee of the Cabinet issued a notification dated 20.2.2022, whereby decision in respect of appointments approved by the Committee of Cabinet for filling up the posts of Presiding Officers […]
Ganpat Pannalal Vs State Bank of India (Madhya Pradesh High Court) Conclusion: In the said case, the Hon’ble High Court while remanding the case to the Tribunal observed that the Tribunal under Section 22(1)(g) of the Recovery of Debts and Bankruptcy Act, 1993 was competent to restore the Securitization Application by imposition of reasonable cost […]
There is no mention of the term re-sealing of property in SARFAESI Act, 2022 and the Recovery of Debts and Bankruptcy (RDB) Act, 1993
