Browsing Tag

Home loan recovery

2 posts
The Bombay High Court has set aside the registration of a developer-backed co-operative housing society in a Baramati project, ruling that authorities acted illegally by bypassing a pending purchaser-led application under MOFA and creating a fait accompli.

Bombay High Court Shocks Lenders: Loan Arbitration Award Worth ₹1 Cr Thrown Out at Recovery Stage

In a major relief for borrowers, the Bombay High Court has ruled that loan recovery awards passed by arbitrators unilaterally appointed by lenders are void and unenforceable—even if never challenged earlier.
Bombay HC quashes ₹3 Cr+ stamp duty demand against Romell Real Estate in Malad slum redevelopment case. Court rules Permanent Transit Camp (PTC) cannot be added to consideration per Guideline 26 & holds CCRA order time-barred beyond 6-year limit under Section 53A.

High Court Rules: Those Who Didn’t Take Home Loan Cannot Be Forced to Pay

In a December 2025 ruling, Bombay High Court held that persons who never took a home-loan — such as flat-sellers who refunded buyers — cannot be forced to pre-deposit dues under SARFAESI, striking down earlier DRAT orders that demanded such deposits.