Debt Recovery Appellate Tribunal

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 »

Supreme Court quashes High Court order in auction dispute: SRS Advertising vs. Kamal Garg (2022)

/ B. V. Nagarathna, Debt Recovery, Debt Recovery Appellate Tribunal, Debt Recovery Tribunal, Judges, Jurisdiction, M. R. Shah, Writ Jurisdiction

Supreme Court quashes High Court order in auction dispute: SRS Advertising vs. Kamal Garg (2022) LEGAL ISSUE: Whether the High Court exceeded its jurisdiction by granting final relief in a matter where an interim relief was sought, while the main appeal was pending before the Debt Recovery Appellate Tribunal (DRAT). CASE TYPE: Debt Recovery/Auction Dispute

Supreme Court quashes High Court order in auction dispute: SRS Advertising vs. Kamal Garg (2022) Read Post »

Supreme Court Directs Deposit and Resolves Dispute in Debt Recovery Case

/ A.S. Bopanna, Debt Recovery Appellate Tribunal, Debt Recovery Tribunal, Judges, M.R. Shah, Recovery of Debts and Bankruptcy Act, 1993, Recovery of Debts and Bankruptcy Act, 1993 with Section 25

Supreme Court Directs Deposit and Resolves Dispute in Debt Recovery Case LEGAL ISSUE: Dispute over the amount due and payable in a debt recovery case. CASE TYPE: Debt Recovery Case Name: XLO INDIA LIMITED AND ANOTHER vs. INTERNATIONAL ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED & OTHERS [Judgment Date]: 27 October 2021 Introduction Date of the Judgment:

Supreme Court Directs Deposit and Resolves Dispute in Debt Recovery Case Read Post »

Supreme Court clarifies jurisdiction in MSMED Act and DRT cases: Bank of India wins against Yadav Consultancy (05 December 2017)

/ Debt Recovery Appellate Tribunal, Debt Recovery Tribunal, Judges, Kurian Joseph, Micro, Small and Medium Enterprises Development Act, 2006, Micro, Small and Medium Enterprises Development Facilitation Council, R. Banumathi, Recovery of Debts Due to Banks and Financial Institutions Act, 1993, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 with Section 31-A

This judgment addresses a dispute over payment of security service charges. The core legal issue is whether the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 can be invoked when proceedings are ongoing before the Debt Recovery Tribunal (DRT). The Supreme Court of India settled this dispute, clarifying the jurisdiction of both bodies. This

Supreme Court clarifies jurisdiction in MSMED Act and DRT cases: Bank of India wins against Yadav Consultancy (05 December 2017) Read Post »

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