IBC Laws

High Court-Calcutta An arbitral award passed by a Sole Arbitrator appointed through an institution unilaterally invoked by the lender without the borrower’s consent is void ab initio and unenforceable under Section 36 of the Arbitration and Conciliation Act, 1996 Read More: https://ibclaw.in/l-and-t-finance-ltd-vs-jai-paras-material-store-and-ors-calcutta-high-court/ Reported at: (2026) ibclaw.in 2943 HC Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

High Court-Calcutta Pre-deposit under Section 18 of SARFAESI Act is mandatory for appeal against DRT order refusing implementation of OTS, as the order is not procedural Read More: https://ibclaw.in/jainco-projects-india-ltd-vs-uco-bank-and-ors-calcutta-high-court/ Reported at: (2026) ibclaw.in 2929 HC Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

High Court-Punjab and Haryana Cheque dishonour complaint under Section 138 of NI Act cannot be quashed under Section 528 BNSS when signatures are admitted and the defence of coercion raises disputed questions of fact Read More: https://ibclaw.in/atul-vig-vs-hunny-singh-ahluwalia-and-anr-punjab-haryana-high-court/ Reported at: (2026) ibclaw.in 2870 HC Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

High Court-Calcutta Section 138 of NI Act is not attracted where legally enforceable debt is not proved and demand notice is not duly served, even if issuance of cheque is admitted Read More: https://ibclaw.in/anup-agarwala-vs-piyotosh-biswas-calcutta-high-court/ Reported at: (2026) ibclaw.in 2930 HC Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

High Court-Madras Writ against SARFAESI possession notice is not maintainable where title is disputed on alleged fraudulent sale through power of attorney and civil suit with interim remedy is already pending Read More: https://ibclaw.in/risavu-mohamed-vs-authorized-officer-axis-bank-and-ors-madras-high-court/ Reported at: (2026) ibclaw.in 2988 HC Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRT-Chennai Where pleadings in a Section 17 SARFAESI application are fundamentally inconsistent as to the measure challenged, limitation, and reliefs, and no foundational material for the alleged assignment is produced, the Registry is justified in returning the SA as not maintainable until defects are cured Read More: https://ibclaw.in/bodhiejoy-warehousing-ptd-ltd-and-ors-vs-indian-overseas-bank-and-ors-drt-chennai/ Reported at: (2026) ibclaw.in 395 DRT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRAT-Kolkata Subsequent legal advice after prolonged inaction is not sufficient cause to condone 91 days’ delay in filing appeal under Section 5 of the Limitation Act Read More: https://ibclaw.in/au-small-finance-bank-ltd-and-anr-vs-deepak-mehta-and-anr-drat-kolkata/ Reported at: (2026) ibclaw.in 177 DRAT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRT-Chennai DRT has no power to condone delay in filing an application under Section 17 of the SARFAESI Act beyond 45 days, and a belated challenge by an auction purchaser to forfeiture of 25% bid amount is not maintainable Read More: https://ibclaw.in/a-jagadesh-kumar-vs-branch-manager-union-bank-of-india-drt-chennai/ Reported at: (2026) ibclaw.in 405 DRT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRAT-Kolkata Delay in filing appeal by a bank cannot be condoned under Section 5 of the Limitation Act merely on the grounds of retirement of the dealing officer, relocation of recovery department, and internal approval process, as these are only legal excuses and not sufficient cause Read More: https://ibclaw.in/karur-vysya-bank-ltd-vs-tanvi-enterprises-and-anr-drat-kolkata/ Reported at: (2026) ibclaw.in 175 DRAT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRT-Visakhapatnam Sale of secured asset is void where auction was conducted within 30 days of publication of sale notice, in violation of Rule 9(1) of the Security Interest (Enforcement) Rules, 2002, though challenge to earlier SARFAESI measures was time-barred Read More: https://ibclaw.in/coastal-andhra-agri-feed-technologies-vs-authorized-officer-canara-bank-and-ors-drt-visakhapatnam/ Reported at: (2026) ibclaw.in 380 DRT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRT-Chandigarh SARFAESI auction is liable to be set aside where the secured creditor sells two mortgaged plots as one unit without notice to the legal heirs of a deceased mortgagor and conducts the subsequent sale without maintaining the mandatory 15-day notice period Read More: https://ibclaw.in/s-g-k-industrial-corporation-and-ors-vs-authorized-officer-indian-bank-and-ors-drt-chandigarh/ Reported at: (2026) ibclaw.in 386 DRT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRT-Chennai DRT has no power to condone delay in filing an application under Section 17 of the SARFAESI Act, as the proceedings are original in nature and Section 5 of the Limitation Act is inapplicable Read More: https://ibclaw.in/g-velvizhi-vs-authorised-officer-equitas-small-finance-bank-drt-chennai/ Reported at: (2026) ibclaw.in 397 DRT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRT-Chennai DRT cannot condone delay in filing a Section 17 SARFAESI application beyond the statutory 45-day period Read More: https://ibclaw.in/p-selvaraj-vs-authorized-officer-city-union-bank-ltd-drt-chennai/ Reported at: (2026) ibclaw.in 368 DRT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRT-Chennai Surplus sale proceeds from auction of a certificate debtor’s property cannot be refunded where the debtor has neither surrendered the original title deeds nor proved their loss by due legal process, especially when earlier rejection of the same claim has attained finality Read More: https://ibclaw.in/s-rajashankar-and-anr-vs-state-bank-of-india-drt-chennai/ Reported at: (2026) ibclaw.in 369 DRT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

High Court-Bombay Secured creditor’s prior mortgage rights prevail to permit SARFAESI sale despite MPID attachment, subject to accounting for sale proceeds Read More: https://ibclaw.in/state-bank-of-india-vs-state-of-maharashtra-and-ors-bombay-high-court/ Reported at: (2026) ibclaw.in 2794 HC Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

High Court-Calcutta Where the bank had already instituted a mortgage suit under Order XXXIV CPC within limitation, the claim in respect of the financial asset stood lodged within time for purposes of Section 36 of the SARFAESI Act, and subsequent measures under Sections 13(2) and 13(4) cannot be held time-barred merely because the suit stood transferred to the DRT Read More: https://ibclaw.in/uco-bank-formerly-known-united-commercial-bank-vs-madhuri-gupta-known-as-jaiswal-since-deceased-rep-by-legal-heirs-and-ors-calcutta-high-court/ Reported at: (2026) ibclaw.in 2933 HC Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

REAT-Rajasthan Ex parte penalty for non-extension of RERA registration was set aside and remanded where the promoter raised material grounds on project timeline and COVID extension Read More: https://ibclaw.in/nagar-parishad-pali-vs-rajasthan-real-estate-regulatory-authority-jaipur-rajasthan-reat/ Reported at: (2026) ibclaw.in 292 REAT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

High Court-Allahabad Whether a real estate project can be developed and registered with Real Estate Regulatory Authority under Section 5 of the RERA, 2016 on the land taken on lease for a period of 29 years and 11 months in the teeth of the provisions of section 4(2)(l) (A) of the RERA? Real Estate (Regulation and Development) Act, 2016 – Sections 2(zk), 2(zn), 4, 4(2)(l)(A), 5 and 58; Transfer of Property Act, 1882 – Sections 54 and 105 – issue was whether a project on land held on lease for 29 years and 11 months, where the developer had only a right to construct and create sub-leases and no right to sell,.... Read More: https://ibclaw.in/u-p-real-estate-regulatory-authority-vs-maa-bhagwati-commerical-reality-n-resorts-llp-allahabad-high-court/ Reported at: (2026) ibclaw.in 2769 HC Bench: Mr. Justice Syed Qamar Hasan Rizvi Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

DRT-Aurangabad Interim moratorium under Section 96 of IBC on co-owner’s Section 94 application bars SARFAESI sale of joint secured asset during its subsistence Insolvency and Bankruptcy Code, 2016 – Sections 94(1), 96; SARFAESI Act, 2002 – Sections 13(2), 13(4), 14, 17(1); Security Interest (Enforcement) Rules, 2002 – Rules 8, 9, 8(6) – A co-owner/guarantor (respondent No.3) filed an application under IBC s.94(1) on 09.06.2025 and the NCLT order recorded that interim moratorium under IBC s.96 commenced from that date; during such interim moratorium,.... Read More: https://ibclaw.in/hemraj-madhukar-chaudhari-vs-hasti-co-op-bank-ltd-and-ors-drt-aurangabad/ Reported at: (2026) ibclaw.in 311 DRT Bench: Dr. J. R. Chauhan Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/

REAT-Telangana Executing an agreement different from the Rule 38 format uploaded with RERA amounts to false information under Section 60, and maintenance cannot be charged before completion and possession Read More: https://ibclaw.in/mehta-modi-realty-kowkur-llp-vs-deepa-suraj-premi-and-anr-telangana-reat/ Reported at: (2026) ibclaw.in 245 REAT Download Mobile App(iOS/Android): https://ibclaw.in/mobile-app/ Activate WhatsApp Updates : https://ibclaw.in/whatsapp-updates/ Follow for Daily Updates: Follow on LinkedIn: https://www.linkedin.com/company/ibclaw/ Not just legal news —IBC Laws delivers a full-stack legal research platform, Check More Features: https://ibclaw.in/subscription/