April 2, 2026 : The Debts Recovery Appellate Tribunal, Chennai has directed the Debts Recovery Tribunal, Madurai to return original title documents to State Bank of India, holding that once a secured asset is sold under the SARFAESI Act and Read more…
March 6, 2026 : The Debts Recovery Appellate Tribunal (DRAT), Chennai has set aside an order of the Debts Recovery Tribunal-II, Chennai, holding that exemption under Section 31(i) of the SARFAESI Act cannot be granted merely on the basis of Read more…
February 13, 2026 : The Debts Recovery Appellate Tribunal, Chennai has held that a bank cannot attach or exercise lien over deposits during the pendency of recovery proceedings unless the statutory procedure under the Recovery of Debts and Bankruptcy Act, Read more…
February 2, 2026 : The Debts Recovery Appellate Tribunal (DRAT), Chennai has held that failure to mention the exact date of classification of a loan account as a Non-Performing Asset (NPA) in a demand notice issued under Section 13(2) of Read more…