Search Results for "Non-Performing Asset"

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Supreme Court Dismisses Tenant's Appeal in Rent Control Case for Abuse of Proces...
Supreme Court Allows Landowners' Appeal in Land Acquisition Compensation Case fo...
Supreme Court Quashes Criminal Proceedings Against In-Laws in Dowry Harassment C...
Supreme Court Upholds Award of Contract to Successful Bidder in Tender Dispute, ...
Supreme Court Sets Aside High Court Order Directing De Novo Trial in Criminal Ca...

Search Results for "Non-Performing Asset"

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Supreme Court

Supreme Court Dismisses Appeal in Bank Employee Disciplinary Case, Upholding Post-Retirement Penalty Under Service Regulations. Reduction of Pay Penalty Valid as Service Regulations Permit Continuation of Disciplinary Proceedings Initiated Before Superannuation Under Regulation 20(3)(iii) of Punjab and Sind Bank Officers' Service Regulations, 1982.

19 Mar 2026

The appeal arose from disciplinary proceedings against a bank officer who superannuated while facing charges of irregularities in loan disbursement. T...

High Court

High Court of Karnataka Allows Petitioner in Property Dispute and Electricity Disconnection Case Due to Time-Barred Municipal Action and Violation of Court Order. BBMP's Cancellation of Khata After 20 Years Held Time-Barred Under Section 114A of Karnataka Municipal Corporations Act, 1976, and BESCOM's Disconnection Notice Quashed for Disregarding Interim Status Quo Order.

26 Feb 2026

The dispute involved two consolidated writ petitions concerning property rights and administrative actions. The petitioner had acquired Flat No. 3 in ...

High Court

High Court of Karnataka Allows Appeal Against Injunction Restraining Bank from Enforcing Corporate Guarantee. The court set aside the injunction as the guarantee deed was unconditional and the bank had a prima facie case under Order 39 Rules 1 and 2 of CPC, enabling it to proceed under SARFAESI Act and IBC.

17 Feb 2026

The appeal arose from an order dated 25.07.2024 passed by the LXXXV Additional City Civil and Sessions Judge, Bengaluru (Commercial Court) in I.A. No....

High Court

High Court Appoints Arbitrator and Grants Interim Relief in Loan Default Case Under Arbitration and SARFAESI Acts. Applicant Secures Protection for Mortgaged Property in Dispute with Respondents

2 Feb 2026

The High Court of Bombay heard two connected applications filed by Tata Capital Housing Finance Limited against Inderjeet Sahni and others. The first ...

High Court

High Court Recalls Order Due to Violation of RBI Directives and Unlawful Compromise Affecting Third-Party Rights. Recall of Order Based on Unlawful Compromise in Loan Assignment Dispute

11 Mar 2025

Unlawful Compromise: A compromise under Order XXIII Rule 3 of the CPC must be lawful. The assignment of Shaila Clubs' loan to Savannah was unlawful as...

High Court

Deemed Dealer under MVAT Act and Prospective Effect of Tax Liability. High Court of Bombay Decides on Tax Liability of Government-Constituted Trust under Maharashtra Value Added Tax Act, 2002

3 Mar 2025

On the Issue of Deemed Dealer: The Court held that SASF was a “deemed dealer” under Section 2(8) of the MVAT Act. The Court found that SASF fel...

High Court

Dispute Over Success-Based Fees for Financial Advisory Services. Interpretation of Mandate Letter and Discretion in Fee Payment for NPA Sales – Bombay High Court Decides in Favor of Defendant

25 Feb 2025

The Bombay High Court held that the Defendant had the discretion to choose between the two fee options (0.50% or 0.0749%) after the sale was completed...

High Court

Upholding Procedural Validity in SARFAESI Proceedings. "Reaffirming the ministerial role of courts under Section 14 of the SARFAESI Act."

13 Dec 2024

The Bombay High Court, examined procedural aspects under the SARFAESI Act concerning the non-compliance with the requirements of Section 13(2) and Sec...

Supreme Court

"Supreme Court Upholds NCLAT's Admission of CIRP Application Against Corporate Debtor" Acknowledgment of debt in balance sheets and OTS letters extend the limitation period under Section 18 of the Limitation Act.

22 Oct 2024

The Supreme Court dismissed an appeal challenging the initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor by UCO...

Supreme Court

Supreme Court Rules on MSME Loan Classification and SARFAESI Proceedings. High Court Order Overturned; Banks Must Follow MSME Revival Framework Before Declaring NPAs, MSMEs Granted Alternative Remedies

1 Aug 2024

The appellants, MSMEs registered under the MSMED Act, 2006, challenged the Bombay High Court's order dismissing their writ petitions. The High Court h...

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