#DRAT Appeal

Karnataka High Court rules that banks must substantiate Forward Purchase Contracts with written evidence under the Evidence Act, or risk adverse inference. The judgment reinforces that the burden of proof rests squarely on the claimant, impacting debt recovery proceedings and banking litigation.

Rajasthan High Court grants borrower 10 days to deposit Rs.5 lakh and 15 days to approach DRAT before bank can seize property, affirming procedural fairness in SARFAESI proceedings.