Many instances have been reported that the Authorised Officer and the Presiding Officer of DRT rejecting the claim for loss and damages or counter claims by the borrowers under SARFAESI ACT. ..
In Ramco Super Leathers (P)Ltd. Vs. UCo. Bank 2007(2) DRTC 747 Mad. Madras High Court held that, merely because a secured creditor has taken possession, issued sale notice and also sale certificate in favour of the purchaser, does not render the t ..
Jurisdiction of civil court is barred from entertaining any suit or granting any injunction against action taken under the Act as the statue confers jurisdiction over the subject matter to DRT only. But civil courts jurisdiction is not barred ..
"Debt" is defined in Sec. 2(g) of RDDB & FI Act. [Same definition is assigned to SARFAESI Act vide Sec. 2(ha)]. The definition reads thus: 2(g) debt means any liability (inclusive of interest) which is claime ..
Even as a global phenomena in banking, some NPAs are bound to exist and are inevitable because of the very nature of banks business in dealing with people and money and giving support to growth of the economy, but these are supposed to be g ..
01: After nationalisation of banks in 1969 and 1980 the menace of private lenders came down since the banks achieved phenomenal geographical growth. Even though, it was impressive quantitative achievement, the banks suffered financial losses yea ..
AUM. POLITICAL WILL MUST STEM DEFENCE ROT By Brigadier Chitranjan Sawant,VSM The Editor of a national daily published from the national capital started a storm in the tea cup by publishing a make-believe st ..
I. INTRODUCTION We are living in a rapidly ageing world today. The number of elderly people is growing at an alarming pace. Ageing of population is primarily the result of reductions in fertility and mortality. ..
The Army marches on its stomach, so said Napoleon Bonaparte. He knew what he was talking about. If the govt of the day ignores soldiersp ..
RUSSIAN HINDUS HAVE DEFENDED DHARMA LEGALLY The round two of the legal battle defending the Russian version of Yogeshwar Shri Krishna's Bhagwad Gita was won by the Russ ..
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