Supreme Court: IBC Mechanism Cannot Replace Decree Execution or Recovery Proceedings  ||  SC Orders Closure of School Over Loan Default, Directs Police-Assisted Takeover under SARFAESI Act  ||  MP HC: HC Lacks Jurisdiction to Appoint an Arbitrator in International Commercial Disputes  ||  Allahabad HC Imposes Rs 15L Costs on Husband For Filing False Affidavits in Maintenance Proceedings  ||  MP HC Directs ASI to Upload Bhojshala–Kamal Maula Survey Video on Secure Platform For Litigant  ||  Bombay HC: Public Gathering Does Not Justify Handcuffing, Awarded ?50,000 Compensation  ||  Madras HC: Woman’s Dignity Linked to Right to Shelter; Orders Restoration of Demolished Home  ||  SC: Absence of Independent Witnesses is Not Fatal if Injured Eyewitness Testimony is Sterling  ||  Supreme Court: Prosthetic Limb Costs Must Be Compensated To Restore Victims’ Dignity  ||  Supreme Court: Probate Can be Revoked For Non-Impleadment of Parties and Suppression of Facts    

Supreme Court Bars Lenders from Making Claims in Arbitration Tribunals - (25 Jan 2021)

ARBITRATION

Supreme Court has barred banks and financial institutions from making a claim in an arbitration tribunal to recover their money stating that holding that the claims of banks and financial institutions as arbitrable would deprive and deny the institutions of the specific rights including the modes of recovery specified in the Recovery of Debts Due to Banks and Financial Institutions Act, 1993

Tags : SUPREME COURT   CLAIMS OF BANKS AND FINANCIAL INSTITUTIONS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved