Supreme Court settles the applicability of the SARFAESI Act to Cooperative Banks in Banking Law (2020)

/ Aniruddha Bose, Arun Mishra, Banking Law, Banking Regulation Act, 1949 with Section 5, Constitutional Law, Constitutional Law with Entry 32 of List II, Constitutional Law with Entry 45 of List I, Distribution of Legislative Powers, Indira Banerjee, Judges, M.R. Shah, Recovery of Debts Due to Banks and Financial Institutions Act, 1993, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Vineet Saran

Supreme Court Settles Applicability of SARFAESI Act to Cooperative Banks (2020) LEGAL ISSUE: Whether the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) applies to cooperative banks. CASE TYPE: Banking Law Case Name: Pandurang Ganpati Chaugule v. Vishwasrao Patil Murgud Sahakari Bank Limited Judgment Date: May 05, 2020 […]

Supreme Court settles the applicability of the SARFAESI Act to Cooperative Banks in Banking Law (2020) Read Post »