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Supreme Court Sets Aside High Court Order for Release of Secured Asset on Partial Payment Under SARFAESI Act. The court held that Section 13(8) of the SARFAESI Act, 2002 requires full payment of dues for redemption, and partial payment does not entitle the borrower to reclaim the property.

The dispute arose between a bank, as secured creditor, and a borrower over the enforcement of security interest under the Securitisation and Reconstru...

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Bombay High Court Partly Allows Appeals in Land Acquisition Compensation Case — Market Value Fixed at Rs.24 per sq m Uniformly. Reference Court's Classification of Land into Two Categories Set Aside Under Land Acquisition Act, 1894.

The case involves two appeals against the Judgment and Award dated 8th August 2003 passed by the learned District Judge, Margao, in Land Acquisition C...

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Bombay High Court at Goa Dismisses Writ Petition Challenging Rejection of Reference for Compensation for Mining Lease Rights in Land Acquisition. Mining Lessee Not Entitled to Separate Compensation for Loss of Mining Rights Under Land Acquisition Act, 1894.

The petitioner, Pravinkumar Gosalia, was a mining lessee of certain lands in Quitol Village, Quepem Taluka, Goa. His father had obtained a mining leas...