Compounding of interest where contract does not contain specific provisions thereof An important question arises before Honble High Court in Syndicate Bank Vs. Mahalaxmi Gining Factory- [2005] 58 SCL 3(KAR) (CLP) as to whether ..
In Indian Overseas Bank v. Registrar, Debt Recovery Tribunal and another [2005] 127 Comp Cas 873 (Kerala HC) (Judgment delivered on February 21, 2005), the important question arises as to whether subsequent application by another bank against same d ..
In landmark a judgment delivered by Honble Supreme Court in Greater Bombay Co-operative Bank Ltd. Vs United Yarn Tex. Pvt Ltd & Ors {2007} 137 Comp Case63 (SC), the following issues came for consideration; [a] Whether DRT Act applies to ..
Registration of an instrument - Whether amounts to Public Notice ? : As per section 3 of Transfer of Property Act, a person is said to have notice of a fact when he actually knows that fact, or when, but for willful abstention from an inquiry or s ..
Settlement of disputes between two public sector enterprises / banks/ and between a public sector enterprise/ bank and a Government Department Government of India, Ministry of Finance, Department of Economic Affairs (Banki ..
Delay in disposal of Criminal Complaint - Section 138 of N.I. Act After the amendment in N.I. Act was brought in the year 1988, making the bouncing of cheques as punishable offence, it was thought by the law framers that the commerci ..
Recovery of Dues from the State under DRT proceedings An important issue came up before Honble Guwahi High Court in the matter of State of Nagaland and others v/s. UCO Bank & others [AIR 2004 Guwahati 150]. In this case the main issue ..
Applicability of Caveat Application in DRT proceedings Hon'ble High Court, Andhra Pradesh vide order dated February 26, 2009 in W.P. No. 3715 of 2009 has clarified the position with regard to the applicability of Caveat Application in DRT proc ..
Requirement of transfer in case of conversion of a firm into a private limited company under Part IX of the Companies Act, 1956 The question involved in L.K.S. Gold House (P) Ltd. Vs. L. K. S. Gold Palace - [2005] 57 SCL 88 ..
Impounding of passport - Impact of the Judgment delivered by Hon’ble SC inSuresh Nanda Vs C.B.I. AIR 2008 SC 1414 ( Decided on 24/01/2008)I. Case Law on impounding of passport in Criminal Proceedings:Recently, the Hon’ble SC in the above ..