Supreme Court settles pre-deposit requirement for appeals under SARFAESI Act: Union Bank of India vs. Rajat Infrastructure Pvt. Ltd. (2 March 2020)

Supreme Court Clarifies Pre-Deposit Requirement for DRAT Appeals under SARFAESI Act LEGAL ISSUE: Whether pre-deposit is mandatory for entertaining an appeal before the Debt Recovery Appellate Tribunal (DRAT) under Section 18 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). CASE TYPE: Banking/Finance Law Case Name: Union […]

Supreme Court settles pre-deposit requirement for appeals under SARFAESI Act: Union Bank of India vs. Rajat Infrastructure Pvt. Ltd. (2 March 2020) Read Post »