The Government has said Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act for loan recoveries will not apply for coffee plantations. In a ...
rediff.com: Bombay High Court Rules PMLA Takes Precedence Over SARFAESI, RDB Acts
The Bombay High Court has affirmed the Prevention of Money Laundering Act's (PMLA) supremacy over debt recovery laws like SARFAESI and RDB Acts in cases involving the attachment of 'proceeds of crime' ...
Business Line: Expediting loan recovery: Punjab & Haryana HC directs orientation course on SARFAESI Act for DMs and revenue officials
Expediting loan recovery: Punjab & Haryana HC directs orientation course on SARFAESI Act for DMs and revenue officials
The government has undertaken several amendments to the DRT Act and the SARFAESI Act over the years. To speed up the debt recovery process, the Finance Ministry has set up a panel to suggest ...
The Hindu: Charge created earlier will prevail during conflict between GST Act and SARFAESI Act: Karnataka High Court
If there is a conflict between the GST Act and the SARFAESI Act, the priority of the charge must be determined based on the order in which the charges were created, said the Karnataka High Court. “If ...
Charge created earlier will prevail during conflict between GST Act and SARFAESI Act: Karnataka High Court
The Hindu: Coffee planters’ associations tell banks to heed parliamentary clarification on SARFAESI Act
Various coffee planters’ associations in Karnataka on Thursday urged all banking institutions in the country to heed the parliamentary clarification and refrain from invoking the SARFAESI Act on ...
Coffee planters’ associations tell banks to heed parliamentary clarification on SARFAESI Act