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Supreme Court Restores Mortgage Decree with Reduced Interest Rate in A. B. Govardhan v. P. Ragothaman. In a pivotal judgment, the Supreme Court reinstates a lower court's mortgage decree, modifying the interest rate while emphasizing the validity of the mortgage agreement.

The Supreme Court of India, in the case of A. B. Govardhan v. P. Ragothaman, overturned the decision of the Division Bench of the Madras High Court, ...

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Recovery of Time-Barred Debts under the Haryana Public Moneys (Recovery of Dues) Act, 1979: Resolving Legal Ambiguities and Clarifying Recovery Mechanisms Navigating the Intersection of Statutes of Limitation and Debt Recovery in India

Recovery of Time-Barred Debts under the Haryana Public Moneys (Recovery of Dues) Act, 1979: Appeals arising from judgments of the High Court of Punja...

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Supreme Court Upholds Bank's Reauction and Deposit Forfeiture Under SARFAESI Act, 2002. Auction purchaser's failure to pay balance within stipulated time justified forfeiture, with liberty to pursue recovery through independent proceedings.

The appeal arose from a dispute involving auction proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Secur...