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 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…
NCLAT, January 7, 2026 : The National Company Law Appellate Tribunal has clarified that a demand notice issued under Section 13(2) of the SARFAESI Act does not lose its legal effect merely because a personal guarantor is described as a Read more…