Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
← back
Informative
Multiple pre-deposits not needed to file SARFAESI appeals in DRAT on same debt: Karnataka High Court
Update / Judgement Date
11 Feb 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Insolvency & Bankruptcy CodeOther Legal Matters
The Karnataka High Court ruled that multiple pre-deposits are not needed to file SARFAESI appeals in DRAT on the same debt. This decision simplifies the appeals process for borrowers facing action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act. 1 It reduces financial burden and facilitates access to justice.
