MSME Act, 2006 – Award – Principles of natural justice are required to be followed specially where financial interests are involved. 2022 PLRonline 5254

Micro Small and Medium Enterprises Development Act, 2006 (27 of 2006) - Award – Principles of natural justice -Petitioner as such was never given an adequate opportunity to present its case before the Council and has been burdened with substantial liability – Principles of natural justice have to be followed, specially where financial interests are involved - Specially due to the fact that Covid-19 pandemic was raging in the country, it was not possible for the petitioner-Authority who as such is based at West Bengal, to have its official present on the date of hearing - MSMED Act, 2006.
2022 PLRonline 5254

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Tags: (2022-1)205 PLR 441, 2022 PLRonline 5254, MSME Act, Natural justice, STEEL AUTHORITY OF INDIA LIMITED v. DISTRICT LEVEL MICRO AND SMALL ENTERPRISES FACILIATION COUNCIL

MSME Act, 2006 – Award – Principles of natural justice are required to be followed specially where financial interests are involved. 2022 PLRonline 5254

Sarfaesi – No proceeding U/s 13(4) – Writ maintainable – Overcharging of interest by Bank – Sarfaesi set aside – NPA could not be continued if account was regularised. [2022 PLRonline 0594]

SC issues notice to RBI a. qua handing over of loan documents b. change in RATE OF INTEREST applicable to loans c. furnishing yearly STATEMENT OF ACCOUNTS to account holders

CrPC S. 391, 311 – NIA S. 138 – Leading additional defence evidence and re-calling the respondent/complainant for cross-examination. [2019 PLRonline 3507]

Companies Act, 1956 Section 81 , 441, 629A – Tribunal (NCLT) has all the powers to compound all the offences irrespective of any pecuniary limit. [2023 PLRonline 0112]

SARFAESI – High Court u/s 482 Cr.P.C can not quash Order passed under S. 14 of the SARFAESI ACT – Any remedy against such order can be availed only under the SARFAESI ACT, 2002. [SupremeCourtOnline 456603]

IPC S. 498A – Cruelty – Non-providing of proper medical aid is cruelty. [ 2023 PLRonline 419673]

Banking – Forged DD – Liability of person presenting the same – Plaintiff Bank has passed the Demand Daft being received by way of collection by another bank – U/s 72 of the Contract Act, person receiving proceeds from forged draft liable to refund the money to the bank . [ID 317402]

MVA S. 163-A – U/s 163-A compensation is payable to a third party only – Deceased borrower of the vehicle cannot be considered a third party – Allowed Additional Personal Accident Cover as premium was paid. [(2023-3)211 PLR 228]

OTS - If petitioners have not been able to make any payment ever since the proceedings under Sarfaesi were initiated in 2017 till 2021, the petitioners cannot get any relief from this Court on the basis of sympathy. 2022 PLRonline 5454

Security Interest (Enforcement) Rules 2002 Rule 8(6), 8(7), 9(1) – Personal service of sale notice is the requirement in law, apart from publication. 2022 PLRonline 5555

MSME Act, 2006 – Award – Principles of natural justice are required to be followed specially where financial interests are involved. 2022 PLRonline 5254

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