Tag: DebtRecovery
Borrower’s Right of Redemption Limited under SARFAESI: Supreme Court Clarifies in Sanjay Sharma v. Kotak Mahindra Bank Ltd. & Ors.
In a significant judgment, the Supreme Court of India addressed and reiterated the extent of a borrower’s right of redemption under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
Can Public Shaming Solve Loan Defaults? Kerala HC Says No
Introduction In a significant judgment, the Kerala High Court addressed the delicate balance between financial recovery and individual rights. The case, brought by the Chempazhanthi Agricultural Improvement Co-operative Society and its Managing Committee, revolved around
Personal Guarantors to Corporate Debtors: A Guide to Insolvency Resolution under IBC
Introduction The Insolvency and Bankruptcy Code (IBC), 2016, provides a robust legal framework to resolve insolvency and ensure the timely reorganization of debts. Sections 94 to 120, specifically, deal with the insolvency resolution process for
Analysis of the Jet Airways Insolvency Case and the Shortcomings of the IBC, 2016
The Jet Airways (India) Limited insolvency case has garnered significant attention as it highlights critical aspects of the Insolvency and Bankruptcy Code (IBC), 2016, and the challenges associated with corporate resolution processes in India. This
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