Who Has the Burden of Proving That Secured Properties Are Agricultural Lands Under the SARFAESI Act?
Judgement name: Sreedhar v. M/S Raus Constructions Pvt. Ltd. & Ors Judge(s)/Benches – Justice M.R. Shah and Justice M.M. Sundresh. Facts: In 2012, the defendant sought financial help and credit facilities from the secured creditor Indian Bank. Non-Performing Asset (NPA) status was assigned to the loan account because the borrowers failed to make timely payments. A […]