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Court Custody Of Secured Asset Can't Be Used As Shield By Debtor To Prevent Creditor From Taking Possession Under SARFAESI Act: Bombay High Court

The Bombay High Court recently held that a secured creditor cannot be prevented from taking possession of a mortgaged property under section 13 of the SARFAESI Act just because the property is...
Robin Karamchandani Court Receiver Reliance Home Finance Caparo Financial Solutions Caparo Financial Solutions Limited Secured Asset
Source: livelaw.in

Turnover of Property Proceedings Between Plaintiff and Defendant

Plaintiff judgment creditor collect payment from judgment debtor through mechanisms provided by state. IL judgment creditor entitled to collection procedures, supplementary proceedings like bank deductions motions for turnover of assets and citation to discover assets
United States Hird Parties Entitlement To Property Judgment Creditor Judgment Debtor Ollection Procedures Il Wage Garnishments

Bank of Zambia's arbitrary conduct against Zim businessman costs bank additional US$103 million

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.
Mary Taruvinga Hakainde Hichilema Justice Musona Jayesh Shah Justice Edward Musona Bank Zambia

DMRC's delay in award execution costing taxpayers Rs 1.75 cr per day: DAMEPL to HC

The Reliance Infrastructure subsidiary stated that DMRC is trying to defeat the process by making a limited disclosure of bank account details only with respect to Rs 1,642.69 crore in spite of the order directing it to disclose all its bank account details.
Justice Suresh Kait Construccionesy Auxiliar Delhi Metro Rail Corporation Supreme Court Delhi Airport Metro Express Private Limited Honble Court

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Review of problems with enforcing international arbitral awards in Nigeria - Part 1 | The Guardian Nigeria News - Nigeria and World News — Features — The Guardian Nigeria News – Nigeria and World News

Arbitration is the most common and most preferred means of resolving international commercial disputes. The benefits of arbitration include relative speed, privacy, and party autonomy in selection of their umpire.
New York United States United Kingdom Lagos State Rivers State Port Harcourt

Reliance Infrastructure case: DMRC agrees to deposit Rs 1,000 crore in escrow account

Delhi Metro Rail Corporation (DMRC) on Monday informed the Delhi High Court that it has agreed to deposit Rs 1,000 crore in an escrow account within 48 hours and sought more time to compute payable amount passed in the order of arbitral dispute with Reliance Infrastructures Delhi Airport Metro Express Pvt Ltd (DAMEPL).
Justicel Nageswara Rao Delhi Metro Rail Corporation Supreme Court Delhi Airport Metro Express Pvt Ltd Delhi Airport Metro Express Private Limited Delhi High Court

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