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Court News

Madhya Pradesh High Court Clarifies SARFAESI Act: Banks Can Take Direct Possession Without DM’s Approval

February 6, 2026

Madhya Pradesh High Court rules that banks can directly take possession under Section 13(4) of the SARFAESI Act without approaching the DM when there is no resistance.

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Court News

Odisha High Court Orders Bank to Refund Money Taken From Husband’s Pension for Wife’s Loan Default

November 21, 2025

The Odisha High Court ruled that a bank cannot recover a wife’s loan dues from her husband’s pension—even if deposited in a joint account. The Court ordered a full refund with int…

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