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Wednesday, February 11, 2026

PLRonline.in

Home Tag NPA - Non performing Asset

Tag: NPA – Non performing Asset

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]

September 21, 2023

2022 PLRonline 0594, Guru Nanak Engineering Works v. Reserve Bank of India . . EDITORS NOTE: see Supreme Court Order ...

CPA S. 27 – No order is passed against the appellant in its individual capacity who was shown as Secretary of the Society – For the default committed by the society, and in absence of any personal liability appellant could not be imprisoned .

NPA – Action of the secured creditor in classifying the loan account as NPA can not be challenged at the stage of S. 13(2)

NPA – Writ - Classification of a defaulter's loan account as NPA precedes issuance of demand notice under Section 13(2) ...

Service matter – Wilful misconduct and negligence simplicitor are not inter changeable terms

SARFAESI S. 13(2) – Right of the borrower to have a due consideration of objections where the bank is bound to apply its mind and inform the borrower of its reasons as to why and how the account is classified as NPA

SARFAESI Act Section 13(2) - The right of the borrower to have a due consideration of objections is, therefore, an important ...

“Best-evidence rule”

NPA – Incorrect to presume that once an NPA is always an NPA – Prudential Norms and Master Circular issued by RBI

NPA - Incorrect to presume that once an NPA is always an NPA - Prudential Norms and Master Circular issued ...

Rent – Fair rent – Provisional tent – Refund – Rent Controller can direct a refund if it finally finds amount found deposited to be in excess.

NPA – Supreme Court order in (Small Scale Industrial Manufactures Association v. Union of India (UOI) & Ors., (Writ Petition No.476/2020 , decided vide order dated 23.03.2021) – Bank’s contention that in Section 13(2) notice issued on 27.04.2021 for the first time, the loan account was declared as NPA on 30.11.2020 but such a declaration has not been issued during the subsistence of the order of the Supreme Court – There is no violation of the order of the Supreme Court.

by Punjab Law Reporter

NPA - Supreme Court order in (Small Scale Industrial Manufactures Association v. Union of India (UOI) & Ors., (Writ Petition No.476/2020 ...

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© 2021 PLRonline.in - Punjab Law Reporter - Since 1900 SC ejournal.