Bank Doesn’t Hold Customer’s Deposit In Trust; Banker-Depositor Relationship That Of Creditor-Debtor: Supreme Court
The Supreme Court has observed that the money that is deposited by […]
Read moreMonth: December 2021
Consumers With Same Interest Can File Joint Complaint; Not Necessary To File Complaint In Representative Capacity: Supreme Court
The Supreme Court has held that where there are more consumers than […]
Read moreNo Requirement For CMM To Fix Time Limit For Taking Possession Of Secured Asset While Exercising Jurisdiction Under Sec. 14 Of SARFAESI Act: Delhi HC
The Delhi High Court has held that there is no requirement or […]
Read moreNCLT Cannot Direct Parties to Settle A Dispute While Considering A Petition U/Sec 7 IBC: Supreme Court
The Supreme Court observed that Adjudicating Authority and Appellate Authority under Insolvency […]
Read moreSection 138 NI Act Attracted Even In Cases Where Debt Is Incurred After Cheque Is Drawn but Before Presentation: Supreme Court
The Supreme Court observed that Section 138 of Negotiable Instruments Act is […]
Read moreSARFAESI Proceedings Not Invalidated on Mere Failure of Bank in Giving Reply to Objections If Borrower’s Proposals Were Otherwise Considered: Supreme Court
The Supreme Court held that failure to furnish reply by the creditor […]
Read moreResolution Process Has To Be Completed Within the Period Stipulated U/Sec 12 IBC: Supreme Court
The Supreme Court observed that the entire resolution process has to be […]
Read moreConsumer Commission Should Issue Bailable Warrant Only If Party Is Not Represented At All through Counsel or Representative: Supreme Court
The Supreme Court has observed that the Consumer Commission should issue a […]
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