Tag: SARFAESI Act
Provident fund dues definitely have a first charge over claim of bank under SARFAESI Act – Supreme Court In a recent judgment, Hon’ble Supreme Court has held that provident fund dues definitely have a first charge over claim of bank under SARFAESI Act ABCAUS Case Law Citation:4874 (2025) …
Since part amount of the auctioned property was received by bank after start of CIRP, and order of moratorium, the sale could not be said to have completed – SC ABCAUS Case Law Citation ABCAUS 3592 (2022) (05) SC Important case law relied referred:Vidhyadhar vs. Manikrao and Another …
Housing financial companies notified under SARFAESI Act as financial institutions if registered with NHB & assets worth of at least 100 crores MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 17th June, 2021 S.O.2405(E).—In exercise of the powers conferred by sub-clause (iv) of clause (m) of …
High Court has no power to waive pre deposit for entertaining appeal before DRAT as mandated by Section 18 of the SARFAESI Act – Supreme Court ABCAUS Case Law Citation:ABCAUS 3282 (2020) (03) SC Important case law relied upon by the parties:Narayan Chandra Ghosh vs. UCO Bank& Ors. …
