J&K&L High Court: Transfer Guidelines are Not Binding and Cannot Limit an Employer’s Transfer Powers  ||  Calcutta High Court: Procedural Delays Cannot Deny a Person’s Right to Adopt  ||  J&K&L HC: Pardoned Approver under Section 343 BNSS Need Not Stay in Custody Till Trial Ends  ||  J&K&L HC: Accused Cannot Demand Charges under a Preferred Law When Acts Fall under Multiple Statutes  ||  J&K&L HC: Accused Cannot Demand Charges under a Preferred Law When Acts Fall under Multiple Statutes  ||  Allahabad HC: Civil Imprisonment For Default Does Not Absolve a Husband’s Duty to Pay Maintenance  ||  Supreme Court: SC Status Applies Only to Hindus, Sikhs, and Buddhists, and is Lost on Conversion  ||  Supreme Court: Post-Moratorium, Creditors Cannot Adjust Pre-CIRP Dues From Prior Deposits  ||  Supreme Court: CoC’s Commercial Wisdom Does Not Shield All its Decisions From Judicial Scrutiny  ||  SC Flags Systemic Bias in Granting Permanent Commission to Women Officers in Armed Forces    

Ker. HC: Non-Compliance of MSME Framework Doesn’t Nullify NPA Declaration Under SARFAESI - (15 Sep 2023)

BANKING

Kerala High Court has held that failure to abide by the terms of the notification of 2015 prescribing ‘Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises' cannot render the declaration of the account as NPA under SARFAESI Act, void or bad in law.

Tags : KERALA HIGH COURT   MSME FRAMEWORK   NPA   SARFAESI  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved