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Financial institutions can't forcibly seize vehicles from loan defaulters through recovery agents, goons: Patna High Court - Vimarsana News

Financial institutions can't forcibly seize vehicles from loan defaulters through recovery agents, goons: Patna High Court

The Patna High Court in a May 19 judgment observed that the bank and financial institutions cannot forcibly re-possess the vehicle from loan defaulters through recovery agents/goons as the same is in violation of law.

Mere Depiction Of Secured Property As Agricultural Land In Revenue Records Won't Exclude It From Purview Of SARFAESI Act: Himachal Pradesh High Court - Vimarsana News

Mere Depiction Of Secured Property As Agricultural Land In Revenue Records Won't Exclude It From Purview Of SARFAESI Act: Himachal Pradesh High Court

The Himachal Pradesh High Court has recently reiterated that the mere depiction of a secured property as agricultural land in revenue records does not qualify for Section 31(i) of the SARFAESI Act....

Source: livelaw.in
HV College Awarded Special 'Military Friendly' Designation - Vimarsana News

HV College Awarded Special 'Military Friendly' Designation

Local Hudson Valley college continues earning awards for favorability for military personnel.

Jaiprakash Associates defaults on $508 mn loan repayment due on March 31 - Vimarsana News

Jaiprakash Associates defaults on $508 mn loan repayment due on March 31

The flagship company of the infrastructure-focused Jaypee Group has borrowings of 293.96 billion rupees, which are due for repayment by 2037, it said.

Bipartisan lawmakers draft 'Plan B' debt ceiling proposal as negotiations stall - Vimarsana News

Bipartisan lawmakers draft 'Plan B' debt ceiling proposal as negotiations stall

The two-page memo does not go into detail on how the caucus would implement the plan, but it alludes to a framework that would take “a reasonable, responsible bipartisan approach.”