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

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]

Home Banking

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

by PLRonline

in Banking

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Banking

Sarfaesi – Charge – Priority – Lien of the Bank as per Section 26 D noted and entered in the CERSAI much prior to the charge created by the department – Banks charge has priority. 2024 PLRonline 413768

Banking

Liability of corporate guarantor although is coextensive of the Principal Borrower but when the Guarantee requires invocation of the guarantee deed, default on the guarantor shall be the date when corporate guarantee has been invoked. PLRonline [#ID 418700]

Banking

Sarfaesi – Security Interest (Enforcement) Rules, 2002, Rule 9 – Auction – Confirmation – Rule 9(1) does not deal with the confirmation by the authorised officer it only provides confirmation by the secured creditor – There cannot be any forfeiture until and unless the sale is confirmed by the secured creditor. [ID# 1310103]

Comments 1

Pingback: 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] | PLRonline.in

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

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

Related Posts

Sarfaesi – Charge – Priority – Lien of the Bank as per Section 26 D noted and entered in the CERSAI much prior to the charge created by the department – Banks charge has priority. 2024 PLRonline 413768

Liability of corporate guarantor although is coextensive of the Principal Borrower but when the Guarantee requires invocation of the guarantee deed, default on the guarantor shall be the date when corporate guarantee has been invoked. PLRonline [#ID 418700]

Comments 1

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