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Madras High Court Dismisses SARFAESI Writ and Directs Borrower to DRT
The Madras High Court dismissed a writ petition against a private NBFC's SARFAESI action, directing the borrower to approach the DRT within 30 days.
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Misuse of SARFAESI Act: Borrower Concerns and Banking Practices
Discover how aggressive banking recovery tactics under the SARFAESI Act impact borrowers and what steps can be taken to protect your secured assets.
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Stamp Duty Cannot Be Levied Before Issuance of SARFAESI Sale Certificate: Bombay HC
The Bombay High Court rules that stamp duty cannot be charged before a SARFAESI sale certificate is issued, bringing clarity to auction purchasers.
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Misuse of SARFAESI Act: Borrower Concerns and Banking Practices
Explore how banks balance aggressive debt recovery under the SARFAESI Act with fair treatment and essential legal protections for borrowers.
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Madras HC Dismisses SARFAESI Writ, Directs Borrower to Approach DRT Within 30 Days
The Madras High Court dismissed a SARFAESI writ petition, ruling that borrowers must use the Debt Recovery Tribunal for financial recovery disputes.
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Tribunal Prioritizes Merits Over Procedural Delays in Securitization Litigation
A recent tribunal ruling prioritizes the merits of securitization appeals over procedural filing delays, ensuring fair adjudication for borrowers.