Search Results for "defaulting borrower"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Bombay High Court at Goa Dismisses Review Petition in Partition Suit Impleadment...
Bombay High Court Acquits Accused in Corruption Case Due to Unreliable Trap Witn...

Search Results for "defaulting borrower"

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High Court

Bombay High Court Allows Commercial Suit and Interim Application in Asset Reconstruction Dispute — Upholds Validity of Assignment of Debt and Security Interest. Court holds that an Asset Reconstruction Company (ARC) is entitled to enforce security interest under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) after valid assignment of debt.

15 Apr 2026

The Applicant, Phoenix ARC Private Limited, an Asset Reconstruction Company registered with the RBI, filed a Commercial Suit (COMSS No. 124 of 2025) a...

Supreme Court

Supreme Court Recalls Order Against Enforcement Directorate for Violation of Natural Justice in Financial Institution FIR Quash Case. The Court held that an order passed without hearing a party affected by it is unsustainable, and recalled its earlier directions concerning the ECIR registered by the Enforcement Directorate.

4 Oct 2024

The judgment arises from miscellaneous applications filed in a disposed writ petition. The original writ petition was filed by Gagan Banga and Indiabu...

High Court

Bombay High Court Allows Petition Challenging DJR's Order in Co-operative Society Dispute. DJR Exceeded Jurisdiction by Re-appreciating Evidence in Disqualification of Defaulting Directors Under Section 152 of Maharashtra Co-operative Societies Act, 1960.

14 Oct 2022

The petitioner, Pravin Indarchand Jain, a member of Mahavir Nagari Sahakari Patpedhi Maryadit Chopda (Mahavir Society), filed complaints before the Di...

High Court

Bombay High Court Quashes FIR Against Recovery Officer in CBI Corruption Case — Applicant Not a Public Servant Under Prevention of Corruption Act. Employee of Private Recovery Agency Cannot Be Prosecuted Under Section 7 of PC Act as He Is Not a 'Public Servant' Under Section 2(c) of the Act.

18 Aug 2022

The applicant, Prashant Vinayakrao Sable, was employed as a Recovery Officer with M/s. Yash Consultancy Services, a private recovery agency engaged by...

High Court

High Court of Karnataka Allows Writ Appeals in Co-operative Society Election Dispute — Upholds Validity of Election of Directors Despite Alleged Irregularities in Voters List. The court held that the writ petition challenging the election was not maintainable due to alternative remedy under Section 29-C of the Karnataka Co-operative Societies Act, 1959.

22 Oct 2019

The appellant, Sri K. Eregowda, contested the election of the Managing Committee of the fourth respondent, Hosuru Milk Producers Co-operative Society ...

High Court

High Court of Karnataka Allows Writ Appeals in Co-operative Society Election Dispute — Upholds Validity of Election of Managing Committee Members. Section 29-C of Karnataka Co-operative Societies Act, 1961 does not empower the Assistant Registrar to disqualify a director on grounds of non-attendance of meetings without a prior determination by the Managing Committee.

22 Oct 2019

The case pertains to a dispute regarding the election of the Managing Committee of the fourth respondent, Hosuru Milk Producers Co-operative Society L...

High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award in Loan Recovery Dispute — Upholds Award of Rs. 3.01 Crore with 18% Interest. Court holds that the Arbitrator's findings on liability and interest rate are not patently illegal under Section 34 of the Arbitration and Conciliation Act, 1996.

4 Mar 2019

This judgment arises from a petition under Section 34 of the Arbitration and Conciliation Act, 1996, filed by Meenu Arora, Raj Kumar Arora, Ethics Exp...

High Court

Bombay High Court Quashes ESI Recovery Against Auction Purchaser in Deemed Transfer Case — Section 93-A of ESI Act Does Not Apply to Sales by Financial Corporation Under Section 29(2) of SFC Act. Auction purchaser of property from Maharashtra State Financial Corporation is not liable for prior owner's ESI arrears as the transfer is by operation of law and not by the employer.

21 Feb 2006

The petitioner, M/s. ANK Seals, a registered partnership firm, purchased a plot of land and building (U-149 in MIDC, Nagpur) in an auction sale conduc...

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