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Proceedings cannot be continued or initiated against the natural persons under section 138 NI Act if the cause of action arose after the commencement of the insolvency process.

2025 INSC 346 REPORTABLE IN THE SUPREME COURT OF INDIA CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO.                           OF 2025 @ SPECIAL LEAVE

The moratorium under Section 96 of the IBC does not extend to regulatory penalties imposed for non-compliance with consumer protection laws – Supreme Court.

The Supreme Court in SARANGA ANILKUMAR AGGARWAL Versus BHAVESH DHIRAJLAL SHETH & ORS – CIVIL APPEAL NO(S). 4048 OF 2024- DECIDED

Supreme  Court reiterates  non-executive and independent director(s) cannot be held liable under Section 138 of the NI Act

2025 INSC 315REPORTABLE IN THE SUPREME COURT OF INDIACRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO. OF 2025[Arising out of SLP (Criminal) No.

Whether SARFAESI Proceedings Can Be Initiated Without Loan Recall

A frequent question raised by borrowers is whether a bank can initiate SARFAESI proceedings without first recalling the loan. Many assume

Is SARFAESI Applicable to Residential Houses? – Legal Position Explained

One of the most common fears among borrowers is whether their residential house can be taken by banks under the SARFAESI

How to Challenge SARFAESI Action Before DRT

The Debt Recovery Tribunal (DRT) is the primary and statutory forum for borrowers to challenge illegal or arbitrary actions taken by

Role of the District Magistrate Under Section 14 of the SARFAESI Act

One of the most critical stages in SARFAESI proceedings is taking physical possession of the secured asset. When borrowers resist or

Rights of Auction Purchasers under SARFAESI: Legal Protection, Risks & Remedies

SARFAESI auctions attract investors, end-users, and speculators due to comparatively lower prices and faster title transfer. However, an auction purchaser under

SARFAESI Auction After Possession: Procedure, Borrower Rights & Legal Remedies

Once a bank takes symbolic or physical possession of a secured asset under the SARFAESI Act, 2002, the next and most

Symbolic Possession vs Physical Possession Under SARFAESI

One of the most misunderstood aspects of the SARFAESI Act, 2002 is the concept of possession. Borrowers often panic upon seeing

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