Supreme Court: Bail Remains the Rule and Jail the Exception, Even under the UAPA Law  ||  Supreme Court: Principle of Res Judicata Also Applies Between Stages of the Same Case  ||  Supreme Court: Govt Servant Has No Right to Old Rule Promotion Just Due to Earlier Vacancies  ||  Delhi High Court: Students Having Zero Attendance Cannot be Promoted to the Next Semester  ||  J&K&L HC: Replacing 'State' With 'Union Territory' in Public Safety Act Does Not Change its Nature  ||  Kerala High Court: Doctor Cannot Enrol as an Advocate Without First Cancelling Medical Registration  ||  Supreme Court: VAT is Not Applicable on Reliance’s Inter-State Gas Supply from KG Basin to UP  ||  Supreme Court: Co-Owner Can File Eviction Suit as Landlord under Bombay Rent Act  ||  Supreme Court: Mediclaim Reimbursement Cannot be Set off Against Accident Compensation  ||  SC: Hindu Succession Act 2005 Amendment Does Not Curtail Daughters’ Existing Inheritance Rights    

Karnataka HC: Coffee Estates Not Excluded from Application of SARFASEI Act - (05 Feb 2021)

BANKING

Karnataka High Court has held that the banks and other financial institutions can invoke provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 to recover loans borrowed by mortgaging coffee estates, declaring that the expression ‘agricultural land’ in the Act does not include lands on which plantation crops such as coffee are grown.

Tags : KARNATAKA HIGH COURT   COFFEE ESTATES  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved