DRT Chandigarh Matter Writ - Legalseva.net

Notice to Borrower before Auction DRAT Appeal

Satish Mishra — Sat, 03 Apr 2021 10:15:59 +0000

In this post we will discuss a DRAT appeal wherein it was held in the following case that the view that notice to the borrower under rule 8(6) of the Security Interest (Enforcement) Rules, 2002 is a mandatory requirement laid down by the statute, and failure to issue such a notice would vitiate the auction ... Read more

The post Notice to Borrower before Auction DRAT Appeal appeared first on Legalseva.net.

Deposit for filing an Appeal in DRAT High Court Petition

Satish Mishra — Thu, 21 Jan 2021 12:24:40 +0000

In this post we will discuss about the the deposit amount under section 21 of Recovery of Debts due to Banks and Financial Institutions Act, 1993 fo filing an appeal in Debt Recovery Appellate Tribunal. Supreme Court already has held that Borrower Has To Pre-Deposit 50% Of The “Debt Due” In Appeal Under Section 18 ... Read more

The post Deposit for filing an Appeal in DRAT High Court Petition appeared first on Legalseva.net.

Writ Petition Against Bank in High Court Chandigarh DRT Matters

Satish Mishra — Sun, 08 Nov 2020 07:14:38 +0000

In this post we will discuss about a petition that was filed by the Allahabad Bank by way of seeking a Writ of Mandamus, guiding loan defaulters to implement the order passed by the District Magistrate of Kurukshetra demanding repayment of loan by taking over the possession of the properties mortgaged physically. Allahabad Bank v. ... Read more

The post Writ Petition Against Bank in High Court Chandigarh DRT Matters appeared first on Legalseva.net.