Bombay High Court Examines Challenge to Transfer Order in Commercial Suit Based on Amalgamation of HDFC Limited with HDFC Bank Limited. Petitioner Argues That DRT Lacks Jurisdiction Because Original Plaintiff Was Not a Bank or Financial Institution Under Section 2(g) of Recovery of Debts and Bankruptcy Act, 1993, and Section 31 Does Not Permit Transfer.
11 Aug 2025The matter arose from a writ petition filed by M/s Ashwini Trading Co., defendant no.11 in Commercial Suit No.12/2019, challenging an order dated 4 Ap...
