Tag: Section 34 CPC

Rajdev Steels Wins Rs 63.6 Lakh Recovery Suit Against Bawa Appliances; Chhattisgarh Commercial Court Awards Interest and Costs

Team Law Notify Other Courts June 9, 2026

May 5, 2026 : The Commercial Court at Nava Raipur Atal Nagar has decreed a commercial recovery suit in favour of Rajdev Steels & Alloys Pvt. Ltd., directing Uttar Pradesh-based Bawa Appliances to pay an outstanding amount of Rs 63.60 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

Debts Recovery Appellate Tribunals | DRAT

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…