State Financial Corporations Act, 1951 Archives

Supreme Court Clarifies Recovery of Time-Barred Debts under Haryana Public Moneys Act: K.P. Khemka & Anr. vs. Haryana State Industrial and Infrastructure Development Corporation Limited & Ors. (2024) INSC 396 (08 May 2024)

May 8, 2024 / Haryana Public Moneys (Recovery of Dues) Act, 1979, Haryana Public Moneys (Recovery of Dues) Act, 1979 with Section 3, Limitation Act, 1963, Limitation Act, 1963 with applicability, Recovery of Amounts, Recovery of Dues, State Financial Corporations Act, 1951, State Financial Corporations Act, 1951 with Section 32G, Time-barred Debts

Supreme Court Clarifies Recovery of Time-Barred Debts under Haryana Public Moneys Act Date of the Judgment: 08 May 2024 Citation: 2024 INSC 396 Judges: Justice Surya Kant and Justice K.V. Viswanathan Can a financial corporation recover a debt even if it is time-barred under the Limitation Act? The Supreme Court of India recently examined this […]

Supreme Court Clarifies Recovery of Time-Barred Debts under Haryana Public Moneys Act: K.P. Khemka & Anr. vs. Haryana State Industrial and Infrastructure Development Corporation Limited & Ors. (2024) INSC 396 (08 May 2024) Read Post »

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

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