When A Right Accrued In Favour Of The Auction Purchaser Is Denied By The Secured Creditor, The Auction Purchaser Is Entitled To A Hearing Before Forfeiting The Amount: DRAT Kolkata
The Hon’ble Debt Recovery Appellate Tribunal, Kolkata comprising of Justice Anil Kumar Srivastava in Punjab National Bank Vs. held that when the right of forfeiture under Rule 9(5) of Security Interest (Enforcement) Rules, 2002 is
Court Can Determine Stamp Duty Payable Under The Unstamped Arbitration Agreement – Bombay High Court
Recently, in the case of John Cockerill India Ltd. vs. Sanjay Navare[1], the Hon’ble Bombay High Court held that the Court can determine the stamp duty payable under the unstamped Arbitration Agreement. The Court was
Auction Purchaser Is King: Supreme Court Upholds The Sanctity Of The Auction Process As Envisaged By The SARFAESI Act Over The Right To Redemption Of A Mortgagor
In a recent decision[i], the Hon’ble Supreme Court[ii] [“SC”] has declared that the auction procedure laid down in section 13 (8) of the Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act,
Anti-suit permanent injunction may leave the party with no other option available in law: Hon’ble Bombay High Court
In a recent noteworthy decision, the Hon’ble Bombay High Court[i] has granted interim relief to Mr. Anupam Mittal, the founder of Shaadi.com, by staying an anti–suit permanent injunction order directed by the Hon’ble Singapore High
A Reasonable Cause Must Be Shown For Not Having Disclosed The Documents That Were Already Under Plaintiff’s Control And Possession For Seeking Amendment In The Commercial Suit: Bombay High Court
The Hon’ble Bombay High Court in Khanna Rayon Industries Pvt. Ltd[1] held that the Court may grant an amendment to a commercial suit if it is deemed essential for resolving the core dispute between the
Liquidator Has No Absolute Discretion to Cancel a Valid Auction on a Mere Expectation of Fetching a Higher Price: Supreme Court of India
The Hon’ble Division Bench of the Supreme Court of India, comprising of Justice B. V. Nagarathna and Justice Ujjal Bhuyan, in a recent appeal in the matter of Eva Agro Feeds Private Limited vs. Punjab
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