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S.17 SARFAESI Act | Recovery Action May Have Disastrous Consequences For Borrower, DRT Must Pass Interim Order Upon Application Of Mind: Kerala HC - Vimarsana News

S.17 SARFAESI Act | Recovery Action May Have Disastrous Consequences For Borrower, DRT Must Pass Interim Order Upon Application Of Mind: Kerala HC

The Kerala High Court recently held that interim orders passed by the Debts Recovery Tribunal under 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest...

Source: livelaw.in
Supreme Court stays FIR proceedings against Indiabulls Housing - Vimarsana News

Supreme Court stays FIR proceedings against Indiabulls Housing

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.

Supreme Court stays FIR proceedings against Indiabulls Housing - Vimarsana News

Supreme Court stays FIR proceedings against Indiabulls Housing

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, ...

Relief for Indiabulls Housing Finance as SC stays FIR proceedings - Vimarsana News

Relief for Indiabulls Housing Finance as SC stays FIR proceedings

In some instances, defaulting borrowers to evade repayment and stalling recovery proceedings file criminal cases against their lender to exert pressure.