![Equitable Mortgage Requires Original Title Deeds, Not Copies: DRAT Upholds CSB’s Prior Charge, Sets Aside Punjab & Sind Bank’s SARFAESI Sale [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105132-drat-sarfaesi-punjab-and-sind-bank-taxscan.webp "Equitable Mortgage Requires Original Title Deeds, Not Copies: DRAT Upholds CSB’s Prior Charge, Sets Aside Punjab & Sind Bank’s SARFAESI Sale [Read Order]")
Equitable Mortgage Requires Original Title Deeds, Not Copies: DRAT Upholds CSB’s Prior Charge, Sets Aside Punjab & Sind Bank’s SARFAESI Sale [Read Order]
The Debt Recovery Appellate Tribunal (DRAT), Chennai, has dismissed appeals filed by Punjab & Sind Bank (PSB) and an auction purchaser,...
![DRAT Directs Expedited Disposal of Securitization Application, Maintain Status Quo Pending Deposit by Appellant in appeal against Canara Bank [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/250x150_2105096-drat-securitization-application-canara-bank-taxscan.webp "DRAT Directs Expedited Disposal of Securitization Application, Maintain Status Quo Pending Deposit by Appellant in appeal against Canara Bank [Read Order]")
![Is Excessive Share Premium a Capital Receipt or Income? Supreme Court to determine Taxability of ₹679 Cr [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104921-share-premium-capital-income-taxscan.webp "Is Excessive Share Premium a Capital Receipt or Income? Supreme Court to determine Taxability of ₹679 Cr [Read Order]")
![Mere Ownership of Agricultural Land Insufficient to Prove Agri Income: ITAT Upholds 50% Addition as Unexplained u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104840-agri-income-itat-addition-taxscan.webp "Mere Ownership of Agricultural Land Insufficient to Prove Agri Income: ITAT Upholds 50% Addition as Unexplained u/s 68 [Read Order]")
![BCI Notifies Rules for Foreign-National Advocates to Enrol and Practice Law in India [Read Notification]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105478-bci-foreign-national-advocates-practice-law-in-india-taxscan.webp "BCI Notifies Rules for Foreign-National Advocates to Enrol and Practice Law in India [Read Notification]")
Bribe Money Repayment not Legally enforceable Debt/Liability: Madras HC upholds Acquittal in S. 138 Cheque Bounce Case [Read Order]
The Madurai Bench of the Madras High Court (Madras HC) has upheld the acquittal of the accused in a cheque bounce case under Section 138 of the Negotiable Instruments Act, 1881 (NI Act), holding...
![Bribe Money Repayment not Legally enforceable Debt/Liability: Madras HC upholds Acquittal in S. 138 Cheque Bounce Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105456-money-repayment-legally-enforceable-debt-madras-hc-cheque-bounce-case-taxscan.webp "Bribe Money Repayment not Legally enforceable Debt/Liability: Madras HC upholds Acquittal in S. 138 Cheque Bounce Case [Read Order]")
Private Placement Violation: MCA imposes Lesser Penalty on DPIIT-Start-up for Not Disclosing Identified Persons in Shareholders Resolution [Read Order]
The Ministry of Corporate Affairs ( MCA ) has imposed a reduced penalty on a DPIIT-recognised start-up, for violating private placement norms by failing to disclose the identified persons in the...
![Private Placement Violation: MCA imposes Lesser Penalty on DPIIT-Start-up for Not Disclosing Identified Persons in Shareholders Resolution [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105440-mca-private-placement-violation-shareholders-resolution-taxscan.webp "Private Placement Violation: MCA imposes Lesser Penalty on DPIIT-Start-up for Not Disclosing Identified Persons in Shareholders Resolution [Read Order]")
No Nexus with Employment: Karnataka HC Rules Interest on Loan Advanced to Company Not Deductible From Salary Income [Read Order]
The Karnataka High Court ruled that interest paid on a loan borrowed by an assessee and advanced to a company in which he was a Director cannot be deducted against salary income. Sri Mukesh...
![No Nexus with Employment: Karnataka HC Rules Interest on Loan Advanced to Company Not Deductible From Salary Income [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105439-nexus-employment-karnataka-hc-rules-interest-loan-advanced-company-deductible-salary-income-txn.webp "No Nexus with Employment: Karnataka HC Rules Interest on Loan Advanced to Company Not Deductible From Salary Income [Read Order]")
No Penalty for Non-Filing of BEN-2: MCA Accepts Explanation as Foreign Shareholder Dissolved Before SBO Compliance Window [Read Order]
The Ministry of Corporate Affairs ( MCA ) has declined to levy any penalty for non-filing of Form BEN-2, after accepting the company’s explanation that its foreign shareholder required to be...
![No Penalty for Non-Filing of BEN-2: MCA Accepts Explanation as Foreign Shareholder Dissolved Before SBO Compliance Window [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105433-penalty-non-filing-of-ben-2-ben-2-mca-foreign-shareholder-taxscan.webp "No Penalty for Non-Filing of BEN-2: MCA Accepts Explanation as Foreign Shareholder Dissolved Before SBO Compliance Window [Read Order]")
DGFT Clarifies Conditions where EODC shall not be Withheld for Advance Authorisation Holders [Read Circular]
The Directorate General of Foreign Trade ( DGFT ) has issued a new Policy Circular, clarifying the circumstances in which Regional Authorities shall not withhold the Export Obligation Discharge...
![DGFT Clarifies Conditions where EODC shall not be Withheld for Advance Authorisation Holders [Read Circular]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105262-dgft-eodc-eodc-shall-advance-authorisation-holders-taxscan.webp "DGFT Clarifies Conditions where EODC shall not be Withheld for Advance Authorisation Holders [Read Circular]")
