![DGFT Relaxes Export Restrictions on Organic Sugar [Read Circular]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2115883-export-of-organic-sugar-taxscan.webp "DGFT Relaxes Export Restrictions on Organic Sugar [Read Circular]")
DGFT Relaxes Export Restrictions on Organic Sugar [Read Circular]
The Directorate General of Foreign Trade (DGFT) released Notification No. 51/2025-26 dated 29 December 2025. This notification relaxes some export ...
![ECIR Registered 9 Years After Alleged PMLA Offence, Main Accused Still Free: Delhi HC Grants Bail to Co-Accused [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/250x150_2115888-ecir-registered-years-after-alleged-pmla-offence-taxscan.webp "ECIR Registered 9 Years After Alleged PMLA Offence, Main Accused Still Free: Delhi HC Grants Bail to Co-Accused [Read Order]")
![PNB Appeal Succeeds: DRAT Sets Aside Tribunal Order Over Procedural Compliance in SARFAESI Possession Notice [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/250x150_2115849-pnb-appeal-succeeds-drat-sets-aside-tribunal-order-over-procedural-compliance-sarfaesi-possession-notice-taxscan.webp "PNB Appeal Succeeds: DRAT Sets Aside Tribunal Order Over Procedural Compliance in SARFAESI Possession Notice [Read Order]")
![Annual Corporate Law Case Digests : NCLAT Rulings of 2025 [Part 3]](https://images.taxscan.in/h-upload/2025/12/30/250x150_2115859-nclat-annual-case-digest-2025-part-3-taxscan.webp "Annual Corporate Law Case Digests : NCLAT Rulings of 2025 [Part 3]")
![Apply Now: ICAI Post-Qualification Diploma in Management & Business Finance for Chartered Accountants [Read Notification]](https://images.taxscan.in/h-upload/2025/12/30/250x150_2115869-icai-post-qualification-diploma-taxscan.jfif "Apply Now: ICAI Post-Qualification Diploma in Management & Business Finance for Chartered Accountants [Read Notification]")
SBI Appeal Allowed: Borrowers Not Entitled to Compensation Under SARFAESI Section 19 Without Actual Possession, Rules DRAT [Read Order]
The Debt RecoveryAppellate Tribunal (DRAT) held that compensation under Section 19 of the SARFAESI Act was payable only if physical/actual possession of secured assets was taken and found unlawful...
![SBI Appeal Allowed: Borrowers Not Entitled to Compensation Under SARFAESI Section 19 Without Actual Possession, Rules DRAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2115827-sbi-appeal-allowed-borrowers-entitled-compensation-sarfaesi-section-19-actual-possession-rules-drat-taxscan.webp "SBI Appeal Allowed: Borrowers Not Entitled to Compensation Under SARFAESI Section 19 Without Actual Possession, Rules DRAT [Read Order]")
Each Assessment Year is Independent, Earlier Orders cannot be Basis for issuing Certificate u/s 197: Delhi HC [Read Order]
“It is a settled proposition of law that in taxation, each assessment year has to be seen on the basis of the facts applicable to that particular year” observed the Delhi High Court while ruling...
![Each Assessment Year is Independent, Earlier Orders cannot be Basis for issuing Certificate u/s 197: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/500x300_2115706-each-assessment-year-is-independent-earlier-orders-cannot-be-basis-for-issuing-certificate-us-197-delhi-hc-taxscan.webp "Each Assessment Year is Independent, Earlier Orders cannot be Basis for issuing Certificate u/s 197: Delhi HC [Read Order]")
LoC Condition under Notification Inapplicable to Non‑LoC Exporters: Chhattisgarh HC Orders Refund of ₹2.01 Cr Customs Duty on Parboiled Rice Exports [Read Order]
The Chhattisgarh High Court, in a recent case, has ruled that the requirement of backing exports with irrevocable letters of credit (LOCs) as stipulated in Condition No. 6 of Notification No....
![LoC Condition under Notification Inapplicable to Non‑LoC Exporters: Chhattisgarh HC Orders Refund of ₹2.01 Cr Customs Duty on Parboiled Rice Exports [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/500x300_2115664-loc-condition-under-notification-inapplicable-non-loc-exporters-chhattisgarh-hc-orders-refund-customs-duty-parboiled-rice-exports-taxscan.webp "LoC Condition under Notification Inapplicable to Non‑LoC Exporters: Chhattisgarh HC Orders Refund of ₹2.01 Cr Customs Duty on Parboiled Rice Exports [Read Order]")
Fraudulent Transactions Fall Under 'Debt' Definition: DRAT Dismisses Appeal Against South Indian Bank's Debt Recovery Case
The Allahabad Bench of Debt Recovery Appellate Tribunal (DRAT), held that amounts fraudulently withdrawn in collusion with bank officials constitute “debt” under the Recovery of Debts and Bankruptcy...
Marketing & Technical Support Services to Foreign Group Company Qualify as Export of Services, Not ‘Intermediary Services’: Karnataka HC [Read Order]
In a recent ruling, the Karnataka High Court held that marketing support services and technical support services provided by an Indian company to its foreign group company qualify as export of...
![Marketing & Technical Support Services to Foreign Group Company Qualify as Export of Services, Not ‘Intermediary Services’: Karnataka HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/500x300_2115670-marketing-technical-support-services-foreign-group-company-qualify-export-services-not-intermediary-services-karnataka-hc-taxscan.webp "Marketing & Technical Support Services to Foreign Group Company Qualify as Export of Services, Not ‘Intermediary Services’: Karnataka HC [Read Order]")
DRAT Quashes Auction Sale Over Violation of Mandatory 30-Day Notice Period; Rejects DCB Bank’s Recovery Action [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad, has dismissed an appeal filed by DCB Bank Ltd., upholding a lower tribunal's decision to set aside an auction sale. The Tribunal found that...
![DRAT Quashes Auction Sale Over Violation of Mandatory 30-Day Notice Period; Rejects DCB Bank’s Recovery Action [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/500x300_2115620-drat-quashes-auction-sale-violation-mandatory-notice-period-rejects-dcb-banks-recovery-action-taxscan.webp "DRAT Quashes Auction Sale Over Violation of Mandatory 30-Day Notice Period; Rejects DCB Bank’s Recovery Action [Read Order]")
DRAT Rejects Lohia Corp's Plea against Joint Debt Recovery Order, Upholds Liability of Bill Acceptors [Read Order]
In a recent ruling, the Debts Recovery Appellate Tribunal (DRAT) in Allahabad, recently dismissed an appeal by Lohia Corp Ltd. regarding their liability in a debt recovery matter involving ING...
![DRAT Rejects Lohia Corps Plea against Joint Debt Recovery Order, Upholds Liability of Bill Acceptors [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/500x300_2115629-drat-rejects-lohia-corps-plea-against-joint-debt-recovery-order-upholds-liability-of-bill-acceptors-taxscan.webp "DRAT Rejects Lohia Corps Plea against Joint Debt Recovery Order, Upholds Liability of Bill Acceptors [Read Order]")