June 20, 2026 : In a significant ruling, the Karnataka High Court has held that the maintenance of Minimum Average Balance (MAB) by bank customers is merely a contractual condition governing the banker-customer relationship and cannot be treated as consideration Read more…
News Citation : 2026 LN (HC) 385 June 17, 2026 : In a significant ruling reaffirming judicial restraint in bank recovery proceedings, the Chhattisgarh High Court has dismissed a writ appeal filed by borrowers seeking to stop the auction of Read more…
News Citation : 2026 LN (HC) 380 June 16, 2026 : The Chhattisgarh High Court has dismissed a petition challenging an order passed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, Read more…
March 13, 2026 : The Debts Recovery Appellate Tribunal (DRAT), Kolkata has held that fixation of a reserve price below the distress value does not, by itself, invalidate an auction conducted under the SARFAESI framework, provided the valuation is carried Read more…
December 24, 2025 : The Delhi State Consumer Disputes Redressal Commission has dismissed an appeal filed by Kotak Mahindra Bank Ltd., affirming that the Bank acted in deficiency of service by auctioning a borrower’s pledged gold jewellery without contractual authority. Read more…