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SARFAESI
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land back- Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27
- Former Yes Bank CEO Rana Kapoor, Sudhir Valia booked in a fraud case by the Mumbai Police
- Banks take backseat: Bombay High Court upholds PMLA supremacy in asset recoveryBanks in India face a significant ruling from the Bombay High Court. The court declared that anti-money laundering laws take precedence ove...30 Mar, 2026, 05.58 PM IST
- Home loan default case: Why acting within 45 days can stop a bank auctionBanks can auction homes for home loan defaults. Borrowers facing this can approach the Debt Recovery Tribunal within 45 days of the bank's ...17 Mar, 2026, 02.51 PM IST
- Missed home loan EMIs? Law gives you 105 days before bank can start auction of your houseHomeowners get a 105-day window before banks can auction their property for missed EMIs. This period follows the SARFAESI Act and RBI rules...12 Mar, 2026, 02.09 PM IST
- SC sets aside Madras HC order, restores auction purchaser’s rights in loan recovery caseThe Supreme Court wants the Finance Ministry to check the SARFAESI Act. The court feels some rules are unclear. These unclear rules are cau...22 Sep, 2025, 08.26 PM IST
- Karnataka HC upholds CID charge sheet against SBI and PNB executives in Rs 78.5 crore fraud caseThe Karnataka High Court has upheld a charge sheet against SBI and PNB executives in a ₹78.5 crore fraud case involving Metal Closures Pvt....19 Aug, 2025, 07.49 PM IST
- Govt contemplating changes in SARFAESI, DRT laws; to provide legal sanctity to e-noticesThe Finance Ministry has set up a panel to propose amendments to the SARFAESI and DRT Acts, aiming to expedite debt recovery. E-notices wer...19 Mar, 2024, 04.29 PM IST
- Delhi HC sets aside arbitrator order against Indiabulls in Shipra Mall dispute"Since a specific right is vested in a secured creditor to enforce a security interest, by issuance of a sale notice under Section 13 of th...22 Feb, 2023, 12.31 AM IST
- Writ petition not maintainable against proceedings by banks, ARCs under SARFAESI Act: SCCourt opined that filing of writ petitions by the borrowers before the high court under Article 226 of the Constitution in the case was an ...12 Jan, 2022, 08.08 PM IST
- Delhi HC asks Govt, Finance Ministry and RBI to consider parity between IBC and Sarfaesi ActAccording to the Sarfaesi Act, asset reconstruction companies that take over stressed assets from lenders cannot infuse equity into an inso...19 Mar, 2021, 12.03 PM IST
- Co-Op banks come under Sarfaesi Act: Supreme CourtThe Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, 2002, allow banks and financ...06 May, 2020, 09.04 AM IST
- Not many NBFCs may use Sarfaesi Act to recover loanMany NBFCs were unable to dispose of immovable property of defaulter borrowers fast enough even after filing the case under Sarfaesi and re...07 Feb, 2020, 08.51 PM IST
- Change in Sarfaesi Act to give priority to secured creditorsSarfaesi Act was framed to identify and rectify the problem of non-performing assets.30 Dec, 2019, 10.30 AM IST
- Borrowers hit by Sarfaesi may hide behind IBC lawsBanks are allowed to auction residential or commercial properties of borrowers to recover loans.28 Jun, 2017, 07.57 AM IST
- NCLT rejects insolvency proceedings by Leo Duct Engineers & ConsultantsThe move will help lenders Standard Chartered Bank and Canara Bank to recover their dues under the SARFAESI Act which provides for lenders ...27 Jun, 2017, 11.26 PM IST
- Sarfaesi provisions can help resolve NPAs of NBFCs faster: Icra"If credit costs were to come down, there could be some moderation in lending rates by NBFCs, which would benefit borrowers, going forward,...18 Sep, 2016, 03.06 PM IST
- Can Jammu and Kashmir residents not repay loans: SBISBI raised a critical question concerning the future of banking in J&K before the SC whether residents of the state could decline to repay ...03 Nov, 2015, 11.55 AM IST
- Bring NBFCs under SARFAESI Act: StudyNon-banking finance companies should be brought under the ambit of the SARFAESI Act to enhance investor confidence and ensure robust growth.23 Feb, 2014, 12.01 PM IST
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