Tag: DRAT

The Cosmos Co-operative Bank Limited v/s Central Bank of India & Ors.

Supreme Court Ruling on Priority of Mortgage Created by Deposit of Title Deeds over Equitable Mortgage by deposit of an unregistered Agreement of Sale

Saturday February 22, 2025. BY Divya Pandey | Real Estate

The Cosmos Co-operative Bank Limited v/s Central Bank of India & Ors. Background & Factual Matrix The case involved a dispute between Cosmos Co-Operative Bank Limited and Central Bank of India over the priority of

When Right Denied, Auction Buyer's Hearing Allowed: DRAT Kolkata

When A Right Accrued In Favour Of The Auction Purchaser Is Denied By The Secured Creditor, The Auction Purchaser Is Entitled To A Hearing Before Forfeiting The Amount: DRAT Kolkata

Wednesday September 27, 2023. BY Malavika Sachin, Abdullah Qureshi, Shradha Patil | Debt Recovery

The Hon’ble Debt Recovery Appellate Tribunal, Kolkata comprising of Justice Anil Kumar Srivastava in Punjab National Bank Vs. held that when the right of forfeiture under Rule 9(5) of Security Interest (Enforcement) Rules, 2002 is