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Interest Claims and Operational Debt under the IBC – Analyzing the NCLT’s Stand
Examining the Non-Inclusion of Unagreed Interest as Operational Debt and MSME Claims before NCLT and MSEFC Introduction: NCLT Ruling on Interest Claims and Operational Debt In a la
Debt Recovery Tribunals in India: Challenges and Recommendations for Improvement
Introduction The Indian banking sector has long grappled with the challenge of mounting non-performing assets (NPAs), which pose a significant threat to banks’ financi
NPA Crisis in India: The SARFAESI Act as a Cornerstone in Addressing Non-Performing Assets
Introduction The Indian banking sector, once hailed as a pillar of the country’s economic growth, is currently grappling with a severe crisis. The surge in non-performing ass
Limited Scope of DRT Review in SARFAESI Proceedings: Analysis of DRAT Chennai Ruling
In a significant judgment that clarifies the scope of DRT review in SARFAESI Proceedings, the Debt Recovery Appellate Tribunal (DRAT) in Chennai has outlined the constraints within
Tax Challenges in IBC: Strategies for Overcoming Hurdles
Introduction The Insolvency and Bankruptcy Code (IBC) was enacted in 2016 with the aim of revolutionizing India’s corporate landscape by expediting debt recovery, facilitatin
DRAT Allahabad’s Judgment on State Bank of India Vs. Kush Kumar Verma and Anr.: Adherence to Procedural Norms – A Deep Dive
Introduction In a landmark judgment by the Debts Recovery Appellate Tribunal (DRAT) in Allahabad, presided over by Justice R.D. Khare, the case of State Bank of India vs. Kush Kuma
DRT under SARFAESI and RDB Acts: A Critical Examination in the Context of IDFC First Bank Limited v. Union of India and Ors.
The Delhi High Court recently delivered a seminal judgment in the case of *IDFC First Bank Limited v. Union of India and Ors.*, clarifying the jurisdictional bounds of the Debt Rec
DRT Jurisdiction under SARFAESI Act: Comprehensive Analysis of Delhi High Court Ruling
Introduction The intersection of debt recovery mechanisms and banking regulations in India has always been a subject of intense legal scrutiny. Among the most significant aspects o
Government Debt vs Secured Debt: A Case Analysis
Introduction The question of priority between government debt and secured debt has emerged as one of the most contentious issues in India’s insolvency jurisprudence. When a c
Understanding Debt Recovery in India: Key Laws, Processes and Enforcement Tools
Introduction to Debt Recovery Mechanisms in India The Indian banking sector faced unprecedented challenges in the 1990s when non-performing assets escalated dramatically, threateni
