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.

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

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

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

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

When amount is borrowed on the security of blank cheque , the lender has authority to fill up and present it before bank : Kerala High Court

Kerala High Court in Nakulan v. State of Kerala and another held that When amount

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Resigned Director Not Liable For Cheque Issued By Company After His Resignation: Supreme Court

Supreme Court bench comprising Justice J.K. Maheshwari and Justice Rajesh Bindal in Criminal Appeal arising out of S.L.P. (Crl.) No(s).

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Gist of noteworthy Trademark Cases in the year 2024

Some of the noteworthy trademark-cases decided /considered by various courts under the Trademarks Act 1999 are: Inter IKEA Systems BV

The activities of the Trade Union with reference to the provisions of the Trade Unions Act, 1926 do not amount to a commercial activity to attract Section 29(4)(b) Trade Marks Act 1999 – Kerala High Court

HDFC Bank Staff Union v. Banking Ombudsman & Others – The activities of the Trade Union with reference to the

Difference Between SARFAESI Act and DRT Act – Explained Simply

Borrowers facing loan recovery proceedings often hear two legal terms together: SARFAESI Act and DRT Act. While both deal with

What Is a Non-Performing Asset (NPA)? Legal Meaning Under SARFAESI

The term Non-Performing Asset (NPA) is the foundation on which recovery proceedings under the SARFAESI Act, 2002 are built. Many

SARFAESI Act, 2002 Explained: A Simple Guide for Borrowers

When borrowers default on loan repayments, banks and financial institutions often initiate recovery proceedings under the SARFAESI Act, 2002. For

DRT Practitioner in India – Jurisdiction, Powers, Appeal Process and Representation before DRT Kochi

Introduction Bank recovery proceedings and financial enforcement actions require specialised adjudication mechanisms. To ensure speedy disposal of cases involving recovery

NCLT Practitioner in India – Who Can Practice, Powers of NCLT, and NCLAT Appeal Process

Introduction Corporate disputes, insolvency proceedings, shareholder conflicts, and restructuring matters are no longer handled by traditional civil courts. These specialised

Corporate Law Consultant – Strategic Legal Advisor for Modern Businesses in Kerala

Introduction In today’s regulatory and commercially dynamic environment, businesses require more than transactional legal assistance. They require structured legal strategy,

Commercial Courts In Kerala

All Subordinate Judges Courts in the State of Kerala are designated commercial Courts under The Commercial Court Act of 2015

Insolvency Professional in India – Role, Eligibility, Functions and Regulatory Framework under IBC

Introduction Business distress is no longer an uncommon phenomenon. Market volatility, regulatory changes, credit constraints, operational mismanagement, and economic downturns

Buy Back of Shares of Unlisted Companies

1.INTRODUCTION Buy back of shares means buying back of its own shares or other specified securities by the company from

Reduction of Share Capital of a Company – An Overview

1. INTRODUCTION Reduction of share capital means the reduction of already issued, subscribed and paid-up capital of the Company. The

The Digital Personal Data Protection Act, 2023

THE DIGITAL PERSONAL DATA PROTECTION ACT, 2023 INTRODUCTION An Act to provide for the processing of digital personal data in