Latest Judgments from SARFAESI Act 2002 and IBC

The law of debt recovery is mostly based on two laws which are the Recovery of Debt and Bankruptcy Act, 1992 and the Securitization and Reconstruction of Financial Assets and Security Interest Act, 2002 (SARFAESI Act 2002). To further strengthen the financial system, the Parliament enacted the Insolvency & Bankruptcy Code, 2016 which gave aContinueContinue reading “Latest Judgments from SARFAESI Act 2002 and IBC”

Latest Judgments from Loan Recovery Cases.

The Recovery of Debts & Bankruptcy Act, 1993 and Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SAFAESI Act) are primary statues that assist in the recovery of debts for the Banks or Financial institutions. Check the latest judgements from these statues

Latest Judgments From Debt Recovery Proceedings & SARFAESI Act

The Debt Recovery Proceedings are proceedings which provide relief to the Organized Lending companies such as Banks, Non-Banking Financial Corporations or other recognized credit agency by Government. The laws which govern these proceedings are Recovery of Debt and Bankruptcy Act, 1993 (‘RDBI Act’), the Securitization and Reconstruction of Financial Assets and Enforcement of Securities InterestContinueContinue reading “Latest Judgments From Debt Recovery Proceedings & SARFAESI Act”

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