![Canara Bank has no Locus standi to initiate recovery proceedings Maruti Automobiles, Citing Finalised proceedings under SARFAESI Act: DRAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071883-canara-bank-taxscan.webp "Canara Bank has no Locus standi to initiate recovery proceedings Maruti Automobiles, Citing Finalised proceedings under SARFAESI Act: DRAT [Read Order]")
Canara Bank has no Locus standi to initiate recovery proceedings Maruti Automobiles, Citing Finalised proceedings under SARFAESI Act: DRAT [Read Order]
The Allahabad bench of the Debts Recovery Appellate Tribunal (DRAT)has held that Canara Bank has no locus standi to initiate the recovery...
![DRAT upholds Validity of Notice served u/r 9(1) of Security Interest (Enforcement ) Rules, Citing Evidence, Dismisses Appeal of Punjab National Bank [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071871-punjab-national-bank-taxscan.webp "DRAT upholds Validity of Notice served u/r 9(1) of Security Interest (Enforcement ) Rules, Citing Evidence, Dismisses Appeal of Punjab National Bank [Read Order]")
![Challenge against invoke and encashing Bank Guarantee during Period of moratorium u/s 14 of IBC: Chhattisgarh HC dismisses petition citing pending Arbitration Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071855-2062761-deposit-bank-guarantee-chhattisgarh-hc-taxscan.webp "Challenge against invoke and encashing Bank Guarantee during Period of moratorium u/s 14 of IBC: Chhattisgarh HC dismisses petition citing pending Arbitration Proceedings [Read Order]")
![Failure to provide Personal Hearing even after 6 Months u/s 110(2) of Customs Act: Delhi HC directs to file statutory appeal [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071854-delhi-hc-faliure-personal-hearing-denied-hearing-taxscan.webp "Failure to provide Personal Hearing even after 6 Months u/s 110(2) of Customs Act: Delhi HC directs to file statutory appeal [Read Order]")
![Challenge on notice issued u/s 13(4) of SARFAESI Act: Punjab & Haryana HC Directs to approach DRAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071860-sarfaesi-act-drat-taxscan.webp "Challenge on notice issued u/s 13(4) of SARFAESI Act: Punjab & Haryana HC Directs to approach DRAT [Read Order]")
PMLA proceedings against Director of Newsclick studio: Delhi HC Grants Anticipatory bail considering prolonged investigation [Read Order]
In a recent case, the Delhi High Court granted bail, considering prolonged investigation of offence under Section 3 and 4 of the Prevention of Money Laundering Act, 2002(PMLA) against director of...
![PMLA proceedings against Director of Newsclick studio: Delhi HC Grants Anticipatory bail considering prolonged investigation [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071837-newsclick-news.webp "PMLA proceedings against Director of Newsclick studio: Delhi HC Grants Anticipatory bail considering prolonged investigation [Read Order]")
Calcutta HC Upholds DRAT Order dismissing Appeal of MSME against action of Bank under SARFAESI Act [Read Order]
In a recent case, the Calcutta High Court upheld the Debts Recovery Appellate Tribunals (DRATs) order dismissing the appeal of Micro, Small and Medium Enterprise (MSME) against the action of the ...
![Calcutta HC Upholds DRAT Order dismissing Appeal of MSME against action of Bank under SARFAESI Act [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071821-sarfaesi-act-taxscan.webp "Calcutta HC Upholds DRAT Order dismissing Appeal of MSME against action of Bank under SARFAESI Act [Read Order]")
GST Relief for Used Machinery Dealers: Gujarat AAR Allows Margin Scheme for Second-Hand Goods Under Same Registration [Read Order]
In a significant decision, the Gujarat Authority for Advance Ruling (AAR) has provided clarity on the applicability of the margin scheme under GST for dealers of second-hand machinery. The ruling...
![GST Relief for Used Machinery Dealers: Gujarat AAR Allows Margin Scheme for Second-Hand Goods Under Same Registration [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071442-gst-relief-margin-scheme-second-hand-goods-taxscan.webp "GST Relief for Used Machinery Dealers: Gujarat AAR Allows Margin Scheme for Second-Hand Goods Under Same Registration [Read Order]")
![Entry in Balance Sheet Acknowledges Debt: Supreme Court Allows IL&FS Plea [Read Judgement]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071796-supreme-court-constitutional-validity-gst-act-taxscan.webp "Entry in Balance Sheet Acknowledges Debt: Supreme Court Allows IL&FS Plea [Read Judgement]")
Delhi HC Clarifies Limitation Period for Reassessment Notices Issued under Amended Section 149 after TOLA Extensions [Read Order]
The Delhi High Court in its recent ruling clarified the limitation period for issuing reassessment notices under the amended Section 149 of the Income Tax Act, following relaxations under the...
![Delhi HC Clarifies Limitation Period for Reassessment Notices Issued under Amended Section 149 after TOLA Extensions [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071287-delhi-hc-limitation-period-reassessment-notices-amended-section-149-tola-extensions-taxscan.webp "Delhi HC Clarifies Limitation Period for Reassessment Notices Issued under Amended Section 149 after TOLA Extensions [Read Order]")