LAW

Judicial Precedents

Landmark Judgments
Debt Recovery Law India

Supreme Court and High Court judgments that define debt recovery law in India. Analysed for practical implications in DRT proceedings, SARFAESI enforcement, NI Act litigation, and IBC proceedings.

Landmark Cases

Practice Areas

Primary Forum

Filter:SARFAESI & DRT (18)IBC & Insolvency (9)NI Act Section 138 (10)

SARFAESI & DRT18 Judgments

SARFAESI & DRT Precedents

Landmark judgments on SARFAESI enforcement, Debt Recovery Tribunal proceedings, secured creditor priority, and NPA auction.

SARFAESI & DRT→

SARFAESI Act — Constitutional Validity

Mardia Chemicals v. Union of India (2004)

Supreme Court of India

(2004) 4 SCC 311

SARFAESI & DRT→

SARFAESI & DRT — Simultaneous Proceedings

Transcore v. Union of India (2008)

Supreme Court of India

(2008) 1 SCC 125

SARFAESI & DRT→

High Court Writ Jurisdiction — SARFAESI

United Bank of India v. Satyawati Tondon (2010)

Supreme Court of India

(2010) 8 SCC 110

SARFAESI & DRT→

Inter Se Assignment of NPAs Between Banks

ICICI Bank v. Official Liquidator (2010)

Supreme Court of India

(2010) 10 SCC 1

SARFAESI & DRT→

Priority Among Secured Creditors (s.529A / s.48 TPA)

ICICI Bank v. SIDCO Leathers (2006)

Supreme Court of India

(2006) 10 SCC 452

SARFAESI & DRT→

DRT — Jurisdiction & Scope of Debt

Nahar Industrial Enterprises v. HSBC (2009)

Supreme Court of India

(2009) 8 SCC 646

SARFAESI & DRT→

Borrower Suit Not Transferable to DRT Without Consent

Indian Bank v. ABS Marine Products (2006)

Supreme Court of India

(2006) 5 SCC 72

SARFAESI & DRT→

Co-op Banks Not "Banks" Under the RDDB Act

Greater Bombay Co-op Bank v. United Yarn Tex (2007)

Supreme Court of India

(2007) 6 SCC 236

SARFAESI & DRT→

SARFAESI — ARC Powers, Exclusive DRT Jurisdiction

Pegasus Assets Reconstruction v. Haryana Concast (2016)

Supreme Court of India

(2016) 4 SCC 47

SARFAESI & DRT→

SARFAESI — Right of Redemption under Section 13(8)

Mathew Varghese v. M. Amritha Kumar (2014)

Supreme Court of India

(2014) 5 SCC 610

SARFAESI & DRT→

SARFAESI — Rights of Lessees/Tenants vs Secured Creditor

Harshad Sondagar v Intl Assets Reconstruction (2014)

Supreme Court of India

(2014) 6 SCC 1

SARFAESI & DRT→

SARFAESI — Right of Redemption Extinguished on Auction Notice

CELIR LLP v. Bafna Motors (2023)

Supreme Court of India

(2023) 9 SCC 590

SARFAESI & DRT→

Priority of Secured Creditor over Crown/Tax Debt

Dena Bank v. Bhikhabhai Prabhudas Parekh (2000)

Supreme Court of India

(2000) 5 SCC 694

SARFAESI & DRT→

SARFAESI Prevails Over MSMED Act (s.26E Priority)

Kotak Mahindra Bank v. Girnar Corrugators (2023)

Supreme Court of India

(2023) 3 SCC 210

SARFAESI & DRT→

SARFAESI — Writ Not Maintainable; Alternate s.17 Remedy

Authorised Officer, SBI v. Dwarikesh Sugar Industries (2019)

Supreme Court of India

(2019) 18 SCC 109

SARFAESI & DRT→

SARFAESI — Secured Creditor Priority over Municipal Dues

Pune Municipal Corp v. Harakchand Solanki (2014)

Supreme Court of India

(2014) 3 SCC 183

SARFAESI & DRT→

SARFAESI — Securitisation, Assignment of NPA to ARCs

Standard Chartered Bank v. Andhra Bank Financial Services (2006)

Supreme Court of India

(2006) 6 SCC 94

SARFAESI & DRT→

DRT — Attachment, Income Tax Refunds, RC Enforcement

State Bank of India v. Cyclone Industries

DRT / High Court

AIR 2004 (DRT)

IBC & Insolvency9 Judgments

IBC & Insolvency Precedents

Supreme Court judgments on the Insolvency and Bankruptcy Code — CIRP, moratorium, resolution, and liquidation.

IBC & Insolvency→

IBC — Constitutional Validity, Financial vs Operational Creditor

Swiss Ribbons v. Union of India (2019)

Supreme Court of India

(2019) 4 SCC 17

IBC & Insolvency→

IBC — Moratorium & Overriding Effect

Innoventive Industries v. ICICI Bank (2018)

Supreme Court of India

(2018) 1 SCC 407

IBC & Insolvency→

IBC — Home Buyers as Financial Creditors

Pioneer Urban Land v. Union of India (2019)

Supreme Court of India

(2019) 8 SCC 416

IBC & Insolvency→

IBC — CoC Commercial Wisdom & Plan Distribution

Committee of Creditors of Essar Steel v. Satish Kumar Gupta (2019)

Supreme Court of India

(2020) 8 SCC 531

IBC & Insolvency→

IBC — Personal Guarantors Insolvency Regime

Lalit Kumar Jain v. Union of India (2021)

Supreme Court of India

(2021) 9 SCC 321

IBC & Insolvency→

IBC S.7 — Discretion to Admit After Proving Default

Vidarbha Industries Power v. Axis Bank (2022)

Supreme Court of India

(2022) 8 SCC 352

IBC & Insolvency→

IBC Moratorium — NI Act S.138 Criminal Proceedings Stay

P. Mohanraj v. Shah Brothers Ispat (2021)

Supreme Court of India

(2021) 6 SCC 258

IBC & Insolvency→

IBC — Priority of Secured Creditors over Govt Tax Dues in Liquidation

State Tax Officer (Kerala) v. Union of India (2023)

Supreme Court of India

(2023) 3 SCC 1

IBC & Insolvency→

IBC S.29A — Eligibility for Resolution Applicants

ArcelorMittal India v. Satish Kumar Gupta (2019)

Supreme Court of India

(2019) 2 SCC 1

NI Act Section 13810 Judgments

NI Act Section 138 Precedents

Governing judgments on cheque bounce prosecution, presumption under S.139, territorial jurisdiction, interim compensation under S.143A, and vicarious liability.

NI Act Section 138→

NI Act 138 — Territorial Jurisdiction

Dashrath Rupsingh Rathod v. State of Maharashtra (2014)

Supreme Court of India

(2014) 9 SCC 129

NI Act Section 138→

NI Act — Summary Trial & Compounding

Meters & Instruments v. Kanchan Mehta (2018)

Supreme Court of India

(2018) 1 SCC 560

NI Act Section 138→

NI Act S.143A — Interim Compensation

Surinder Singh Deswal v. Virender Gandhi (2019)

Supreme Court of India

(2019) 11 SCC 494

NI Act Section 138→

NI Act — Presumption under S.118/139, Standard of Proof

Rangappa v. Sri Mohan (2010)

Supreme Court of India

(2010) 11 SCC 441

NI Act Section 138→

NI Act — S.139 Presumption, Rebuttal, Burden of Proof

Kumar Exports v. Sharma Carpets (2009)

Supreme Court of India

(2009) 2 SCC 513

NI Act Section 138→

NI Act — S.139 Presumption, Accused's Defence

N. Harihara Krishnan v. J. Thomas (2018)

Supreme Court of India

(2018) 13 SCC 663

NI Act Section 138→

NI Act S.141 — Vicarious Liability of Directors

NSIC Ltd v. Harmeet Singh Paintal (2010)

Supreme Court of India

(2010) 3 SCC 330

NI Act Section 138→

NI Act S.138 — Ingredients, Summary Trial, Presumption

Jugesh Sehgal v. Shamsher Singh Gogi (2009)

Supreme Court of India

(2009) 14 SCC 683

NI Act Section 138→

NI Act — Successive Dishonours, Limitation, Cause of Action

MSR Leathers v. S. Palaniappan (2013)

Supreme Court of India

(2013) 1 SCC 177

NI Act Section 138→

NI Act — Legally Enforceable Debt, Time-Barred Debt

R. Vijayan v. Baby (2012)

Supreme Court of India

(2012) 1 SCC 260

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Landmark JudgmentsDebt Recovery Law India

SARFAESI & DRT Precedents

Mardia Chemicals v. Union of India (2004)

Transcore v. Union of India (2008)

United Bank of India v. Satyawati Tondon (2010)

ICICI Bank v. Official Liquidator (2010)

ICICI Bank v. SIDCO Leathers (2006)

Nahar Industrial Enterprises v. HSBC (2009)

Indian Bank v. ABS Marine Products (2006)

Greater Bombay Co-op Bank v. United Yarn Tex (2007)

Pegasus Assets Reconstruction v. Haryana Concast (2016)

Mathew Varghese v. M. Amritha Kumar (2014)

Harshad Sondagar v Intl Assets Reconstruction (2014)

CELIR LLP v. Bafna Motors (2023)

Dena Bank v. Bhikhabhai Prabhudas Parekh (2000)

Kotak Mahindra Bank v. Girnar Corrugators (2023)

Authorised Officer, SBI v. Dwarikesh Sugar Industries (2019)

Pune Municipal Corp v. Harakchand Solanki (2014)

Standard Chartered Bank v. Andhra Bank Financial Services (2006)

State Bank of India v. Cyclone Industries

IBC & Insolvency Precedents

Swiss Ribbons v. Union of India (2019)

Innoventive Industries v. ICICI Bank (2018)

Pioneer Urban Land v. Union of India (2019)

Committee of Creditors of Essar Steel v. Satish Kumar Gupta (2019)

Lalit Kumar Jain v. Union of India (2021)

Vidarbha Industries Power v. Axis Bank (2022)

P. Mohanraj v. Shah Brothers Ispat (2021)

State Tax Officer (Kerala) v. Union of India (2023)

ArcelorMittal India v. Satish Kumar Gupta (2019)

NI Act Section 138 Precedents

Dashrath Rupsingh Rathod v. State of Maharashtra (2014)

Meters & Instruments v. Kanchan Mehta (2018)

Surinder Singh Deswal v. Virender Gandhi (2019)

Rangappa v. Sri Mohan (2010)

Kumar Exports v. Sharma Carpets (2009)

N. Harihara Krishnan v. J. Thomas (2018)

NSIC Ltd v. Harmeet Singh Paintal (2010)

Jugesh Sehgal v. Shamsher Singh Gogi (2009)

MSR Leathers v. S. Palaniappan (2013)

R. Vijayan v. Baby (2012)

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Landmark JudgmentsDebt Recovery Law India

SARFAESI & DRT Precedents

Mardia Chemicals v. Union of India (2004)

Transcore v. Union of India (2008)

United Bank of India v. Satyawati Tondon (2010)

ICICI Bank v. Official Liquidator (2010)

ICICI Bank v. SIDCO Leathers (2006)

Nahar Industrial Enterprises v. HSBC (2009)

Indian Bank v. ABS Marine Products (2006)

Greater Bombay Co-op Bank v. United Yarn Tex (2007)

Pegasus Assets Reconstruction v. Haryana Concast (2016)

Mathew Varghese v. M. Amritha Kumar (2014)

Harshad Sondagar v Intl Assets Reconstruction (2014)

CELIR LLP v. Bafna Motors (2023)

Dena Bank v. Bhikhabhai Prabhudas Parekh (2000)

Kotak Mahindra Bank v. Girnar Corrugators (2023)

Authorised Officer, SBI v. Dwarikesh Sugar Industries (2019)

Pune Municipal Corp v. Harakchand Solanki (2014)

Standard Chartered Bank v. Andhra Bank Financial Services (2006)

State Bank of India v. Cyclone Industries

IBC & Insolvency Precedents

Swiss Ribbons v. Union of India (2019)

Innoventive Industries v. ICICI Bank (2018)

Pioneer Urban Land v. Union of India (2019)

Committee of Creditors of Essar Steel v. Satish Kumar Gupta (2019)

Lalit Kumar Jain v. Union of India (2021)

Vidarbha Industries Power v. Axis Bank (2022)

P. Mohanraj v. Shah Brothers Ispat (2021)

State Tax Officer (Kerala) v. Union of India (2023)

ArcelorMittal India v. Satish Kumar Gupta (2019)

NI Act Section 138 Precedents

Dashrath Rupsingh Rathod v. State of Maharashtra (2014)

Meters & Instruments v. Kanchan Mehta (2018)

Surinder Singh Deswal v. Virender Gandhi (2019)

Rangappa v. Sri Mohan (2010)

Kumar Exports v. Sharma Carpets (2009)

N. Harihara Krishnan v. J. Thomas (2018)

Landmark Judgments
Debt Recovery Law India

Landmark Judgments
Debt Recovery Law India