Tag: Section 5(2)
Section 5(2) of the SARFAESI Act contains a deeming clause that allows the ARC to pursue the Section 7 IBC proceedings, in cases where an Assignment Agreement is duly registered: NCLAT Delhi
In the case of Emta Coal Ltd. v. L&T Finance Ltd. and Anr., the National Company Appellate Tribunal vide Order dated 28.05.2024 held that when debt assignment is registered without raising any objections regarding inadequacy
- Arbitration and Conciliation
- Banking and Finance
- Bankruptcy Code – Public Announcements
- Civil
- Commercial litigation
- Commercial/Corporate
- Competition act
- Criminal
- Cyber Law
- Debt Recovery
- Environment
- Family Law
- Food
- IL News
- Infrastructure
- Insolvency & Bankruptcy
- Insurance
- Intellectual Property Rights
- International
- Labour
- Law
- Medico-Legal
- Negotiable Instrument
- NRI Laws
- Policy
- Power
- Real Estate
- Tax
