June 18, 2026 : The National Company Law Tribunal (NCLT), Kolkata Bench, has admitted an insolvency resolution application against Santosh Jhawar, the personal guarantor of Burgundy Life Style Pvt. Ltd., holding that acknowledgements of debt made by the principal borrower 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…
May 8, 2026 : The National Company Law Appellate Tribunal (NCLAT), New Delhi, has dismissed two appeals filed by personal guarantor Ashwani Kumar Oberoi seeking to restrain SARFAESI recovery proceedings and set aside an auction sale conducted by the State Read more…
May 6, 2026 : The National Company Law Tribunal (NCLT), Jaipur Bench, has held that the individual insolvency framework under the Insolvency and Bankruptcy Code, 2016 can be invoked only by or against personal guarantors to corporate debtors and not Read more…
News Citation : 2026 LN (HC) 235 April 6, 2026 : The High Court of Chhattisgarh has delivered a landmark ruling affirming that civil courts maintain the authority to decide property title disputes, even when the property in question is Read more…
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…
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…
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…
News Citation : 2026 LN (HC) 182 | 2026:KER:19606 March 05, 2026 : The Kerala High Court has clarified an important procedural issue relating to writ jurisdiction, holding that an intra-court appeal under Section 5 of the Kerala High Court Read more…