Defaulters News

The MCC (Mysuru City Corporation) has initiated a crackdown on property tax defaulters.

The Reserve Bank of India (RBI) has implemented a ban on the sale of stressed assets back to their original defaulters.

The Corporation is increasing efforts to recover property tax from defaulting assessees and imposing fines for various violations, including construction deviat

The Reserve Bank of India (RBI) has indicated that devices of defaulters could be locked gradually.

The Delhi Jal Board (DJB) has issued notices to 1,025 defaulters with outstanding dues of ₹25 lakh or more, threatening sealing if bills are not cleared.

The Mumbai Port Authority plans to recover Rs 3,500 crore in lease rental arrears from defaulters, initiating criminal proceedings against unauthorized occupant

The RBI has prohibited defaulting borrowers from repurchasing seized properties, with new directions effective October 1, 2026, to tighten norms for stressed ac