Bank Action Against Property Based on Prior Settled Mortgage Unjustified Without New Mortgage: Kerala High Court
In a recent judgment, the Kerala High Court ruled on the dispute surrounding the return of documents in the case involving M/s Inkell Ltd. and The Federal Bank. The case primarily concerns the petitioner’s request for the return of a title deed after settling a loan amount guaranteed by a corporate guarantee and secured by a mortgage. The judgment highlights the application of Debts Recovery Tribunal (DRT) rules and guidelines…
