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.
SARFAESI & DRT Precedents
Landmark judgments on SARFAESI enforcement, Debt Recovery Tribunal proceedings, secured creditor priority, and NPA auction.
SARFAESI Act — Constitutional Validity
Mardia Chemicals v. Union of India (2004)
Supreme Court of India
(2004) 4 SCC 311
SARFAESI & DRT — Simultaneous Proceedings
Transcore v. Union of India (2008)
Supreme Court of India
(2008) 1 SCC 125
High Court Writ Jurisdiction — SARFAESI
United Bank of India v. Satyawati Tondon (2010)
Supreme Court of India
(2010) 8 SCC 110
SARFAESI Priority Over Winding Up
ICICI Bank v. Official Liquidator (2010)
Supreme Court of India
(2010) 10 SCC 1
SARFAESI — Priority over State Dues
ICICI Bank v. SIDCO Leathers (2006)
Supreme Court of India
(2006) 10 SCC 452
DRT — Jurisdiction & Scope of Debt
Nahar Industrial Enterprises v. HSBC (2009)
Supreme Court of India
(2009) 8 SCC 646
DRT — Interest Pendente Lite & Recovery Certificate
Indian Bank v. ABS Marine Products (2006)
Supreme Court of India
(2006) 5 SCC 72
Co-op Banks & SARFAESI Applicability
Greater Bombay Co-op Bank v. United Yarn Tex (2007)
Supreme Court of India
(2007) 6 SCC 236
SARFAESI — ARC Powers, Exclusive DRT Jurisdiction
Pegasus Assets Reconstruction v. Haryana Concast (2016)
Supreme Court of India
(2016) 4 SCC 47
SARFAESI — Right of Redemption under Section 13(8)
Mathew Varghese v. M. Amritha Kumar (2014)
Supreme Court of India
(2014) 5 SCC 610
SARFAESI — ARC Rights, Assignment of NPA Debt
Harshad Sondagar v. International Assets Reconstruction (2014)
Supreme Court (Constitution Bench)
(2014) 6 SCC 1
SARFAESI — Right of Redemption After Auction Confirmation
CELIR LLP v. Bafna Motors (2023)
Supreme Court of India
(2023) 9 SCC 590
DRT — Summary Procedure, Recovery Certificate
Dena Bank v. Bhikhabhai Prabhudas Parekh (2000)
Supreme Court of India
(2000) 5 SCC 694
DRT — Guarantor Liability, Summary Recovery
Kotak Mahindra Bank v. Girnar Corrugators (2006)
Supreme Court of India
(2006) 6 SCC 416
SARFAESI — Authorised Officer Duties, Auction Compliance
Authorised Officer, SBI v. Dwarikesh Sugar Industries (2012)
Supreme Court of India
(2012) 3 SCC 193
SARFAESI — Secured Creditor Priority over Municipal Dues
Pune Municipal Corp v. Harakchand Solanki (2014)
Supreme Court of India
(2014) 3 SCC 183
SARFAESI — Securitisation, Assignment of NPA to ARCs
Standard Chartered Bank v. Andhra Bank Financial Services (2006)
Supreme Court of India
(2006) 6 SCC 94
DRT — Attachment, Income Tax Refunds, RC Enforcement
State Bank of India v. Cyclone Industries
DRT / High Court
AIR 2004 (DRT)
IBC & Insolvency Precedents
Supreme Court Constitution Bench and division bench judgments on the Insolvency and Bankruptcy Code — CIRP, moratorium, resolution, and liquidation.
IBC — Constitutional Validity, Financial vs Operational Creditor
Swiss Ribbons v. Union of India (2019)
Supreme Court (Constitution Bench)
(2019) 4 SCC 17
IBC — Moratorium & Overriding Effect
Innoventive Industries v. ICICI Bank (2018)
Supreme Court of India
(2018) 1 SCC 407
IBC — Home Buyers as Financial Creditors
Pioneer Urban Land v. Union of India (2019)
Supreme Court of India
(2019) 8 SCC 416
IBC — Primacy of Secured Creditors in Resolution
Committee of Creditors of Essar Steel v. Satish Kumar Gupta (2019)
Supreme Court of India
(2020) 8 SCC 531
IBC — Personal Guarantors Insolvency Regime
Lalit Kumar Jain v. Union of India (2021)
Supreme Court of India
(2021) 9 SCC 321
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 Moratorium — NI Act S.138 Criminal Proceedings Stay
P. Mohanraj v. Shah Brothers Ispat (2021)
Supreme Court (Constitution Bench)
(2021) 6 SCC 258
IBC — Priority of Secured Creditors over Govt Tax Dues in Liquidation
State Tax Officer (Kerala) v. Union of India (2023)
Supreme Court (Constitution Bench)
(2023) 3 SCC 1
IBC S.29A — Eligibility for Resolution Applicants
ArcelorMittal India v. Satish Kumar Gupta (2019)
Supreme Court (Constitution Bench)
(2019) 2 SCC 1
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 138 — Territorial Jurisdiction
Dashrath Rupsingh Rathod v. State of Maharashtra (2014)
Supreme Court of India
(2014) 9 SCC 129
NI Act — Summary Trial & Compounding
Meters & Instruments v. Kanchan Mehta (2018)
Supreme Court of India
(2018) 1 SCC 560
NI Act S.143A — Interim Compensation
Surinder Singh Deswal v. Virender Gandhi (2019)
Supreme Court of India
(2019) 11 SCC 494
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 — S.139 Presumption, Rebuttal, Burden of Proof
Kumar Exports v. Sharma Packaging (2009)
Supreme Court of India
(2009) 2 SCC 513
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 S.141 — Vicarious Liability of Directors
NSIC Ltd v. Harmeet Singh Paintal (2010)
Supreme Court of India
(2010) 3 SCC 330
NI Act S.138 — Ingredients, Summary Trial, Presumption
Jugesh Sehgal v. Shamsher Singh Gogi (2009)
Supreme Court of India
(2009) 3 SCC 290
NI Act — Successive Dishonours, Limitation, Cause of Action
MSR Leathers v. S. Palaniappan (2013)
Supreme Court of India
(2013) 1 SCC 177
NI Act — Legally Enforceable Debt, Time-Barred Debt
R. Vijayan v. Baby (2012)
Supreme Court of India
(2012) 1 SCC 260
Need Specialist Advice?
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