Sarfaesi Act, S. 18 – DRAT cannot entertain an Appeal under SARFAESI Act without Pre- deposit. PLRonline 5154302 (SC)
LogIn to read 2020 PLRonline 5204 Supreme Court Of India Deepak Gupta, J. Aniruddha Bose, J Union Bank of India v. Rajat ...
Tag: Guarantor
Mathew Varghese v. M. Amritha Kumar
Mathew Varghese v. M. Amritha Kumar And Others, Supreme Court Of India Civil Appeals Nos. 1927-29 of 2014 10.02.2014 Krishnan ...
Look Out circular – Banking – From quantum of loss caused to a banker, it cannot be presumed that there was a fraud committed by the borrower/guarantor, moreso when no criminal case alleging fraud has even been filed. PLRonline 414654
Poonam Paul v. Union of India, 2022 PLRonline 0498 ; ((2023-1)209 PLR 403 (SN)) Look Out circular - Banking - ...
Contract Act, S. 171 – Lien – Unless a person is a party to a loan transaction in whichever capacity, the question of the Bank’s exercising the general lien vis-à-vis the property of that person—even if he or she were the spouse of the contracting party does not arise
Put differently, it falls foul of the contractual obligations of the banker and customer - Question of the husband's implicitly ...
Guarantor – ‘Agreement-cum-Pledge’ Deed – Liable – Board resolution
Guarantor - Court was concerned with the question whether Lunar Finance Ltd. was only a pledgor of certain shares or also ...
Guarantor – alone could have been sued, without even suing the principal debtor, so long as the creditor satisfies the court that the principal debtor is in default
"14. In Pollock & Mulla on Indian Contract and Specific Relief Act, Tenth Edition, at page 728 it is observed thus: ...
Guarantor – If the intent been to make the directors personally liable for the outstanding liabilities of the company also, it could have been so provided in the letter of guarantee
Guarantor - Letters of guarantee signed by the directors of the company did not make any mention of any old ...
Guarantee – Interpretation of – That depends upon the terms under which the guarantor bound himself. Under the law he cannot be made liable for more than he has undertaken
Guarantee - Interpretation of - While answering the question whether the guarantee subject matter thereof was enforceable, held, “That depends ...