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SARFAESI Act

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Bombay High Court dismisses a plea to force Indian Bank into a loan settlement, affirming that borrowers cannot demand OTS. The ruling prioritizes banks’ rights to recover public funds.

Bombay High Court: Borrowers Can’t Force Banks to Settle Defaulted Loans

Bombay High Court dismisses a plea to force Indian Bank into a loan settlement, affirming that borrowers cannot demand OTS. The ruling prioritizes banks’ rights to recover public funds.
In the shadow of India's biggest banking fraud, a 429-acre prime Mumbai land parcel tied to the Wadhawan family is up for grabs at a ₹1,234.62 crore reserve price—offering hope for creditors stung by the ₹34,000 crore DHFL debacle.

Exclusive: Wadhawan Family’s 429-Acre Dahisar Land Parcel Set for E-Auction at ₹1,234.62 Crore

In the shadow of India’s biggest banking fraud, a 429-acre prime Mumbai land parcel tied to the Wadhawan family is up for grabs at a ₹1,234.62 crore reserve price—offering hope for creditors stung by the ₹34,000 crore DHFL debacle.