Tag: BANKINGLAW

Statutory Charges and Secured Creditors: Analyzing Priority Post-Section 26E SARFAESI

Statutory Charges and Secured Creditors: Analyzing Priority Post-Section 26E SARFAESI

Introduction In a significant ruling, the Madras High Court, comprising of the Hon’ble Dr. Justice Anita Sumanth and the Hon’ble Mr. Justice G. Arul Murugan, held that the provisions of Section 26E of the Securitisation

E-Auctions Under the SARFAESI Act: Balancing Procedural Rigidity with Natural Justice – A Critical Analysis of IDBI Bank Ltd. vs. Ramswaroop Daliya (2024 INSC 780)

E-Auctions Under the SARFAESI Act: Balancing Procedural Rigidity with Natural Justice – A Critical Analysis of IDBI Bank Ltd. vs. Ramswaroop Daliya (2024 INSC 780)

The Supreme Court of India’s judgment in IDBI Bank Ltd. vs. Ramswaroop Daliya and Ors. (2024 INSC 780) revolves around a dispute concerning an e-auction sale of property under the provisions of the SARFAESI Act,