Section 141 of NI Act – Vicarious liability of Directors for dishonour cheque of the Company
On 27.3.2018, the appellant HDFC Bank had declared the account of the Company as NPA. The company had taken credit
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Banking
Section 138 of the NI Act – Liability of Accused who ceased to be Partner
The appellant filed complaint against Accused no.1 partnership firm and its partners – accused nos.2 to 4 for dishonour of
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Secured Creditors – Priority over the assets attached PMLA and MPID Act – SARAESI Act, 2002
HELD that Secured Creditors cannot claim priority of interest against the properties attached under the MPID Act and that the
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Digital India – Digital KYC – E-KYC – Exclusion of persons with physical disabilities
The petitioners in respective petitions are acid attack victims and suffering from blindness. Online KYC process is followed for clicking
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Equitable Mortgage – Importance of Deposit of Title Deed for Priority between two Mortgages
On 12.4.2006, the petitioner filed OA in 2006 before the DRT, Mumbai, for Rs.2,12,55,129/- from the borrower company M/s.Aggarwalk Silk
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Subvention Home Loan – Default of EMI payments by Builders
The Supreme Court observed about the hint of possible collusion between builders and banks arising out of blatant disregard of
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Commercial Suit – Order XIIIA CPC – Transfer of ITC shares
On 5.5.2022, the plaintiff stockbroker had filed the commercial suit for decree against the defendant Bank for transfer of 11,25,000
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Whether a borrower of a project is “consumer” under Consumer Protection Act, 1986
Whether a borrower of a project loan is “consumer” under CP Act 1986 On 28.4.2014, the Central Bank of India
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NBFC asset less than 100 crores is not a secured creditor for SARFAESI Act
As per the loan agreement dated 10.10.2017, the Respondent No.3 M/s. M.J.Shah Capital Private Ltd had given Rs.7.50 crores
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Bank and Pygmy Agents – Application of EPF Act –
The expression “in or in connection with the work” in section 2(f) of the EPF Act, there must be some
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