SARFAESI – JurisHour

February 28, 2022

Published by Amit sharma on February 28, 2022

SARFAESI Act Has Overriding Effect On Central Excise Act; Banks to have priority in recovering Debts: SC

The Supreme Court ruled that SARFAESI Act has an overriding effect on Central Excise Act and banks will have priority in recovering debts. Background The Commissioner, […]

February 25, 2022

Published by Amit sharma on February 25, 2022

Jurisdiction under SARFAESI Act can be exercised by two authorities namely CJM and DM: Orissa HC

The Orissa High Court jurisdiction under SARFAESI Act can be exercised by two authorities namely Chief Judicial Magistrate and District Magistrate. Background M/s. Ali Agency, a […]

January 15, 2022

Published by JurisHour on January 15, 2022

Relief to Phoenix ARC: High Court ought to appreciate rights of secured creditor to recover the recover due under SARFAESI, rules SC

The Supreme Court in the case of Phoenix ARC Private Limited v/s Vishwa Bharati Vidya Mandir & Ors. ruled that the High Court ought to appreciate […]