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What Happens After 60 Days of SARFAESI Demand Notice?

A SARFAESI demand notice under Section 13(2) grants borrowers 60 days’ time to clear outstanding dues or raise objections. Many borrowers

Section 13(2) SARFAESI Notice: Rights & Remedies of Borrowers

A notice under Section 13(2) of the SARFAESI Act, 2002 is the first formal legal step taken by banks to enforce

Common Mistakes Borrowers Make After Receiving a SARFAESI Notice

Receiving a SARFAESI notice under Section 13(2) often causes panic among borrowers. Unfortunately, it is not the notice itself, but the

Step-by-Step SARFAESI Procedure: From NPA to Possession

The SARFAESI Act, 2002 provides banks and financial institutions with a swift mechanism to recover secured debts without approaching civil courts.

Secured vs Unsecured Loans: Why SARFAESI Applies Only to Secured Creditors

The SARFAESI Act, 2002 is one of the most powerful recovery mechanisms available to banks and financial institutions in India. However,

Who Can Use the SARFAESI Act? – Banks, NBFCs & Financial Institutions Explained

The SARFAESI Act, 2002 grants powerful recovery rights to lenders, allowing them to enforce security interests without approaching civil courts. However,

The Municipal Corporation of Greater Mumbai & Ors V/s Century Textiles and Industries Limited & Ors – Supreme Court says: “Where two provisions appear to be in tension, the proper course is to adopt a construction that reconciles them, allowing both to operate and giving effect to the underlying legislative intent”

In the year 1918 , Century Textiles and Industries Limited (Respondent No.1),had applied to the Improvement Trust under Section 32B under

Judgment of the Division Bench of the High Court cannot be declared as illegal Under Article 32 of the Constitution , says Supreme Court

In Vimal Babu Dhumadiya & ors. Versus The State of Maharashtra & Ors, Supreme Court held on 17/01/2025 that Judgment of

When Can a Bank Invoke SARFAESI Proceedings?

Banks and financial institutions frequently initiate recovery proceedings under the SARFAESI Act, 2002 when borrowers default in repayment. However, SARFAESI action

M/s Naresh Potteries Vs M/s Aarti Industries- Supreme Court clarifies the Role of Authorized Representative in Dishonour of Cheque Cases Involving Companies

2025 INSC 1 REPORTABLE IN THE SUPREME COURT OF INDIA CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO. OF 2025 (Arising out of SLP

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