Tag: recovery proceedings

Bombay High Court Refuses Interim Relief to Lilavati Trust in ₹1,000 Crore Defamation Suit Against HDFC Bank, Imposes ₹5 Lakh Costs

Team Law Notify Legal News June 9, 2026

June 9, 2026 : The Bombay High Court has refused to grant interim relief to the Lilavati Kirtilal Mehta Trust and its trustee Prashant Mehta in a ₹1,000 crore defamation suit filed against HDFC Bank, its Managing Director and CEO Read more…

DRAT Chennai Directs Return of Title Deeds to SBI After Final SARFAESI Sale

Team Law Notify Commissions, Forums & Tribunals April 3, 2026

Debts Recovery Appellate Tribunals | DRAT

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…

DRAT Allahabad: Contractual Interest Does Not Survive Post-Recovery Suit; Tribunal Has Discretion to Award Reasonable Interest

Team Law Notify Commissions, Forums & Tribunals January 6, 2026

January 5, 2026 : The Debts Recovery Appellate Tribunal (DRAT), Allahabad has reaffirmed that once a loan account is classified as a non-performing asset (NPA) and recovery proceedings are initiated, the contractual rate of interest does not automatically continue to Read more…