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High Court Dismisses Writ Petitions Challenging DRAT Order Allowing Bank to Sell Secured Assets Despite Company Being in Liquidation. SARFAESI Act Proceedings Held Not Barred by Companies Act Winding Up Provisions; Secured Creditor's Right to Enforce Security Interest Prevails.

The petitioners, Capt. G.R. Gopinath and M/s Deccan Emerging Business Ventures Limited, challenged the order dated 06.01.2017 passed by the Debt Recov...

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High Court of Karnataka Allows Appeals in Succession Dispute Over Joint Family Property — Restrains Alienation of Agricultural Land Pending Suit. The court held that plaintiffs, as Class I heirs, had a prima facie case for partition and injunction under Order 39 Rules 1 and 2 CPC.

The case involves a family dispute over agricultural land and other properties left by the deceased B.M. Raghothama Rao. The plaintiffs, comprising hi...

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High Court of Karnataka Dismisses Writ Petition Challenging Appellate Tribunal's Order in Co-operative Bank Loan Dispute — Petitioner Failed to Deposit 50% of Award Amount as Required Under Section 18 of Karnataka Co-operative Societies Act, 1959.

The petitioner, A. Shambandhan, borrowed a loan from the Mysore Merchants Co-operative Bank Limited (respondent No.1). He became a defaulter, leading ...