Ganesh Bank of Kurundwad Ltd. and Ors. vs UOI and Ors.
Banks-Imposition of moratorium -The impugned order that had imposed a moratorium on the petitioner-bank denying it to grant any loan or advances or incur liability without the permis [LexDoc Id : 296070]
R. Subramaniam vs Canara Bank and Anr.
Insolvency laws-Annulment of order against the guarantor-An application for annulment of an ex parte order against the guarantor could not be granted until all the creditors of the insolvent had been settled [LexDoc Id : 305065]
Sunanda Kumari and Anr. vs Standard Chartered Bank
Enforcement of security interest-Discharge of statutory liabilities-The prosecution initiated under s.13(4) and s.14 of the SARFAESI Act 2002 was quashed because the bank had failed to discharge its statutory obligatio [LexDoc Id : 317330]
Ultramatix System (P) Ltd. vs State Bank of India and Ors.
Issuance of recovery certificate-Admission of liability-The appellant-company had confirmed its liability towards the bank by mentioning it in its balance sheet. Hence, the Debts Recovery Tribunal (DRT) had [LexDoc Id : 298391]
Yukta Mookhey vs Bank of India and Ors.
Securitisation Act-Rights of the secured creditor-The petitioner-licencee of a flat was liable to hand over the posession of the flat to the respondent-Bank. The Bank wanted to sell the mortgaged flat [LexDoc Id : 298393]
