Forfeiture under the SARFAESI Rules

1 judgment tagged with this keyword in the official report. Filter or search within these · Subject index

• The Authorised Officer, Central Bank of India v. Shanmugavelu
  2024 INSC 802 February 2024Disposed of

  (i)Whether, the underlying principle of Section(s) 73 & 74 respectively of the Contract Act, 1872 Act is applicable to forfeiture of earnest-money deposit under Rule 9(5) of the SARFAESI Rules. In other words, whether the…