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 ..
The Chennai High Court by a recent decision has held that the need to make India as a preferred seat for International Commercial Arbitration would benefit the economy of the country and that if foreign law firms or lawyers are not ..
"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 ..
Hindu Undivided Family, HUF, Karta, Hindu Joint Family, Manager of Joint Family, Manager of Joint Family Properties, Rights of a Karta, Liabilities of a Karta, Powers of Karta. ..
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 ..
Attempt comes under sec 511 of IPC. There are 4 stages of crime 1.Intention,2.Preparation 3. Attempt 4.Commissioning of a crime.So law does not recognizes any crime in forming an intention and to some extent prepratio,for preparation only preparation ..
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 ..
Empowered by the SARFAESI, Act, 2002, the role of Banks have changed. From holding the pride of building the economy in the past era, now Banks have narrowed down their role and activities as ..
INTRODUCTION: The concept of bail, which is an integral part of the criminal jurisprudence. Bail is broadly used to refer to the release of a person charged with an offence, on his providing a security that will ensure his presence before the cour ..
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