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On Friday, a division bench of the Allahabad High Court comprising Justices Vivek Kumar Birla and Rajendra Kumar-IV delivered a split decision on interim plea to stay the FIRs under Sections 420 and...
A writ petition has been filed before the Allahabad High Court challenging the vires of Section 420 of IPC (Cheating and dishonestly inducing delivery of property) on the grounds that it is violative...
In a major relief to housing finance company Indiabulls Housing Finance Ltd, the Supreme Court has stayed the proceedings in the three first information reports (FIR) lodged against it by defaulting borrowers.
In a major relief to housing finance company Indiabulls Housing Finance Ltd, the Supreme Court has stayed the proceedings in the three first information reports (FIR) lodged against it by defaulting borrowers.According to Indiabulls Housing, ...
In some instances, defaulting borrowers to evade repayment and stalling recovery proceedings file criminal cases against their lender to exert pressure.