Search Results for "security interest"

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Search Results for "security interest"

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High Court

High Court of Karnataka Issues Writ of Mandamus to Direct Registration Authorities to Implement Bombay High Court's Order Declaring Insolvent's Transactions Void. Registration Authorities Under Registration Act, 1908 Bound to Give Effect to Binding Judicial Orders Under Article 226(2) of Constitution of India, Despite Territorial Differences, as Inaction Amounts to Wilful Disobedience.

27 Mar 2026

The dispute arose from a writ petition filed by Kotak Mahindra Bank Limited, a secured creditor of Electrex (India) Limited, against the State of Karn...

High Court

High Court Allows Writ Petitions by Bank and Auction Purchaser, Quashing DRT Order Setting Aside Auction Sale. DRT Exceeded Jurisdiction by Granting Final Relief in Interim Application Under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Despite Valid Auction Compliance with Rules.

24 Mar 2026

The dispute arose from an order passed by the Debt Recovery Tribunal-III, Mumbai (DRT) setting aside an auction sale conducted by HDFC Bank Limited an...

High Court

High Court Dismisses Writ Petition Challenging Tender Conditions Regarding Security Clearance for Foreign Joint Venture Partner. Court Upholds CIDCO's Requirement for Security Clearance Under Clause 3(t) of Notice Inviting Bids, Finding No Illegality or Procedural Impropriety in the Tender Process Under Article 226 of Constitution of India.

7 Mar 2026

The dispute originated from tender processes initiated by CIDCO for infrastructure development projects in various town planning schemes. The petition...

High Court

High Court Dismisses Petitions Under Section 37 of Arbitration and Conciliation Act, 1996, Upholding Arbitral Tribunal's Refusal of Interim Relief for Possession of Flats. Arbitral Tribunal's Discretion in Denying Interim Measures Under Section 17 Upheld, as No Patent Illegality or Perversity Demonstrated in Orders Dated February 14, 2019 and December 15, 2022.

5 Mar 2026

The dispute originated from a Joint Development Agreement dated August 20, 2009, between the Owner (late Petitioners, represented by legal heirs) and ...

Supreme Court

Supreme Court Dismisses Appeals by Liquidators Challenging Benami Act Attachment Orders, Upholds NCLAT Ruling that IBC Authorities Lack Jurisdiction to Entertain Challenges to Benami Act Orders During Insolvency Proceedings

24 Feb 2026

The Supreme Court dismissed a batch of civil appeals filed by liquidators challenging provisional attachment orders issued under the Prohibition of Be...

Supreme Court

Supreme Court Allows Insolvency Proceedings Under IBC Over Defunct Scheme of Arrangement -- IBC Prevails Over Companies Act in Recovery of Defaulted Loans

24 Feb 2026

The Supreme Court allowed an appeal against the Company Law Appellate Tribunal's order that kept in abeyance an application under Section 7 of the Ins...

High Court

High Court Quashes FIR Against Bank Officials and BGR Energy Executives in Bank Guarantee Dispute -- No Criminal Intent Found in Commercial Transaction Under IPC Sections 420, 403, 406, 418, 425, 427 read with 34

23 Feb 2026

The High Court quashed an FIR registered against bank officials and company executives alleging criminal offences in connection with bank guarantee tr...

High Court

High Court of Karnataka Allows Appeal Against Injunction Restraining Bank from Enforcing Corporate Guarantee. The court set aside the injunction as the guarantee deed was unconditional and the bank had a prima facie case under Order 39 Rules 1 and 2 of CPC, enabling it to proceed under SARFAESI Act and IBC.

17 Feb 2026

The appeal arose from an order dated 25.07.2024 passed by the LXXXV Additional City Civil and Sessions Judge, Bengaluru (Commercial Court) in I.A. No....

High Court

High Court Dismisses Arbitration Petitions Challenging Awards Under Multi-State Co-operative Societies Act -- Upholds Arbitrator's Jurisdiction in Banking Dispute with Co-operative Bank -- No Conflict Found with SARFAESI Act or RDB Act

12 Feb 2026

The High Court dismissed two Commercial Arbitration Petitions challenging arbitral awards passed by an Arbitrator appointed under Section 84 of Multi-...

High Court

High Court Allows Impleadment of Liquidator in Pending Salary Recovery Suit -- Interprets IBC Provisions on Continuation of Proceedings Post-Liquidation -- Sets Aside Trial Court Order Dismissing Chamber Summons

5 Feb 2026

The Petitioner, a former employee of Respondent No.1 company, had filed a Summary Suit in 2017 for recovery of salary dues -- After the company went i...

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