Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
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Insolvency and BankruptcyAugust 12, 2019Case LawsAT
Preferential rights of secured creditors - Handing over the possession of the mortgaged property - Section 18 of the ‘I&B Code’ will prevail over Section 13(4) of the ‘SARFAESI Act, 2002’ and the ‘Dena Bank’ cannot retain the possession of the property in question of which the ‘Corporate Debtor’ is the owner
Preferential rights of secured creditors - Handing over the possession of the mortgaged property - Section 18 of the ‘I&B Code’ will prevail over Section 13(4) of the ‘SARFAESI Act, 2002’ and the ‘Dena Bank’ cannot retain the possession of the property in question of which the ‘Corporate Debtor’ is the owner
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