The NCLAT New Delhi bench of Justice Ashok Bhushan and Arun Baroka has held that merely because proceeding under Section 13, sub-section and of the SARFAESI Act has been initiated by the creditor prior to filing of Section 10 application, cannot be a ground to hold that Section 10 application is filed with malicious and fraudulent intent to be rejected …
Interest rates are expected to harden in the coming months as global inflationary fears have been stoked due to geopolitical tensions New Delhi: Mortgage lender HDFC Ltd on Sunday raised its benchmark lending rate by 5 basis points, a move that will increase EMI for existing borrowers. “HDFC increases its Retail Prime Lending Rate on Housing loans, on which its …
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