Debt Recovery Laws

Supreme Court Upholds Loan Recovery Process: Orissa State Financial Corporation vs. Sukanti Mohapatra (21 March 2024)

/ Debt Recovery Laws, Loan Recovery, Mortgage Law, State Financial Corporations Act, 1951, State Financial Corporations Act, 1951 with Section 29, State Financial Corporations Act, 1951 with Sections 31 and 32

Orissa State Financial Corporation vs. Sukanti Mohapatra: Supreme Court Upholds Loan Recovery Process Date of the Judgment: 21 March 2024 Citation: 2024 INSC 256 Judges: Sanjiv Khanna, J., Dipankar Datta, J. Can a financial corporation proceed with the sale of a mortgaged property when a borrower defaults on loan repayment? The Supreme Court of India […]

Supreme Court Upholds Loan Recovery Process: Orissa State Financial Corporation vs. Sukanti Mohapatra (21 March 2024) Read Post »

Supreme Court Directs Expedited Resolution on Interest and Mesne Profits in Auction Sale Dispute: Rockline Construction Company vs. Doha Bank QSC (24 April 2023)

/ Auction Sale, Civil Law, Debt Recovery Appellate Tribunal, Debt Recovery Laws, Interest Rate, Judges, Krishna Murari, Mesne Profits, Recovery of Debts and Bankruptcy Act, 1993, Recovery Officer, Sanjay Karol

Supreme Court Directs Expedited Resolution on Interest and Mesne Profits in Auction Sale Dispute: Rockline Construction Company vs. Doha Bank QSC (24 April 2023) LEGAL ISSUE: Determination of the rate of interest and mesne profits in a dispute arising from a set-aside auction sale. CASE TYPE: Debt Recovery/Civil. Case Name: Rockline Construction Company vs. Doha

Supreme Court Directs Expedited Resolution on Interest and Mesne Profits in Auction Sale Dispute: Rockline Construction Company vs. Doha Bank QSC (24 April 2023) Read Post »

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