March 18, 2026 : The Debts Recovery Appellate Tribunal (DRAT), Kolkata has held that a mortgage created on the basis of a sale deed that is subsequently declared null and void cannot be enforced, and any SARFAESI action founded on Read more…
Tag: DRAT Kolkata
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…
February 24, 2026 : The Debts Recovery Appellate Tribunal (DRAT), Kolkata has held that secured creditors should refrain from taking over the management of educational institutions under the SARFAESI Act where alternative recovery mechanisms are available, emphasising the need to Read more…
February 4, 2026 : The Debts Recovery Appellate Tribunal has declined to condone a delay of 910 days in filing an appeal by ASREC (India) Limited, holding that the appellant failed to establish “sufficient cause” under Section 5 of the Read more…