Posts tagged with "Banking"



Sarfaesi S 26E
Priority of debt - Whether secured creditor or state taxes will get priority
IBC
‘Committee of Creditors’ had no role in deciding the status of a creditor either as ‘Financial’ or ‘Operational’ Creditor

Sarfaesi S. 14 – Inability to take possession within time limit of within 30 days and for reasons to be recorded within 60 days, does not render the District Magistrate Functus Officio
Sarfaesi - Technical defect in the demand notice

Repossession of asset on account of default in payment of installments
Financial Awareness. A book by RBI. Spreading Financial Literacy ..... A must read!!! DOWNLOAD HERE

Latest notes on Banking Law including IBC, Sarfaesi, Auction Purchaser, OTS
IBC proceedings cannot be initiated based on time barred claims. Regardless of when IBC came into force, if more than three years had elapsed from the date of default, a creditor is not entitled to maintain an Application under the Code.

Civil Suit filed after receipt of demand notice - Will not be a dispute as defined in Section 5(6) of Code . NCLAT
"AS IS WHERE IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS" and Statutory Dues

Register SCeJ  Free Updates*


Supreme Court e@journal
PUNJAB LAW REPORTER


Subscribe or take a 4 week FREE trial 

Note: Please fill out the fields marked with an asterisk.