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Forfeiture of Earnest Money: Legal Insights in SARFAESI Proceedings
Introduction The recent Supreme Court judgment addressing appeals concerning the forfeiture of earnest money deposit by a Nationalized Bank in a property auction under the Securiti
District Magistrates under SARFAESI Act: Jurisdiction Clarity and Role in Facilitating Secured Asset Recovery
Introduction The intricacies of legal proceedings surrounding the SARFAESI Act recently took center stage in the Bombay High Court, illuminating the complex role of District Magist
Consequences of Insolvency in India: Legal Framework, Regulatory Mechanisms, and Judicial Interpretations
Introduction The landscape of insolvency and bankruptcy law in India underwent a paradigmatic transformation with the enactment of the Insolvency and Bankruptcy Code, 2016 (hereina
The SARFAESI Act: A Case Study on the Rights of Borrowers and Duties of Secured Creditors
Background The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) is a significant piece of legislation in India th
Individual Insolvency Under the Insolvency and Bankruptcy Code (IBC)
Introduction The Insolvency and Bankruptcy Code, 2016 represents a watershed moment in India’s insolvency jurisprudence, establishing a unified legislative framework to addre
