Search Results for "mortgage enforcement"

400 result(s) found

Scroll Down To Discover

Found 400 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Writ Petitions Against DRT Order in Debt Recovery Case — Bank Entitled to Recover Debt Under RDB Act. DRT Has Inherent Power to Reject Frivolous Counterclaim Without Recording Evidence, and High Court Should Not Interfere When Alternative Remedy of Appeal Exists.

The case involves two writ petitions arising from proceedings before the Debt Recovery Tribunal (DRT) under the Recovery of Debts Due to Banks and Fin...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Petition Challenging Auction Sale of Property by EDC Limited. Held that the petitioner failed to establish any illegality or arbitrariness in the auction process and that the sale was validly conducted under the terms of the loan agreement.

The petitioner, Asiatic Holiday Resorts Pvt. Ltd., had taken a loan from respondent no. 2, Maharashtra State Financial Corporation, and had mortgaged ...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Appeal by Mortgagee Bank in Admiralty Suit Regarding Priority of Claims Over Vessel Sale Proceeds. Court Has Power to Fix Time Limit for Filing Claims Against Sale Proceeds to Ensure Finality and Expeditious Distribution.

The appellant, Sparebanken Sogn Og Fjordane, a Norwegian bank, filed an admiralty suit against the vessel M.V. Bos Angler and its owners seeking enfor...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Section 9 Petition for Lack of Territorial Jurisdiction in Arbitration Dispute Over Thane Property. Court Holds That Cause of Action Arose in Thane, Not Mumbai, Despite Agreement Execution in Mumbai.

The petitioners, Navin Makhija and others, filed an Arbitration Petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking interi...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Consolidation of Cooperative Disputes for Joint Trial — Revision Order Upheld. Common questions of law and fact justified consolidation under Maharashtra Cooperative Societies Act, 1960.

The petitioner, Tarkude Hotels Pvt. Ltd., filed a dispute (No.254/2006) before the Cooperative Court, Pune, against The Rupee Cooperative Bank Ltd. an...

© Image Copyrights Juris Services & Technology

Bombay High Court Upholds DRT's Power to Impound Unstamped Memorandum of Entry Under Bombay Stamp Act — Instrument Executed Outside State but Produced in Evidence Before Tribunal Properly Impounded.

The petitioner, M/s. WinnQuiz Company Limited, filed a writ petition challenging an order of the Debts Recovery Tribunal (DRT) dated 16 August 2010. T...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Judgment Debtor's Objection to Execution of Decree Based on Jurisdictional Challenge Under Section 39(4) CPC. Court Holds That Section 39(4) CPC Does Not Bar Execution by the Court That Passed the Decree When the Property Is Situated Outside Its Local Limits.

The present chamber summons arose out of a suit filed by ICICI Ltd, as Debenture Trustees, against Kothri Industrial Corporation Ltd and others for re...