Recovery of Rs. 37 Lakhs Allowed, Assets to be Sold if need be: DRT Decides Ex-parte
The Debts Recovery Tribunal (DRT) - III, Chennai heard an original application ex-parte and allowed the recovery of Rs.37 Lakhs, even if the...
![Intermittent Repayments led to Loan Account being a Non Performing Asset: DRT Directs Registry to Prepare Recovery Certificate [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127606-intermittent-repayments-led-to-loanjpg.webp "Intermittent Repayments led to Loan Account being a Non Performing Asset: DRT Directs Registry to Prepare Recovery Certificate [Read Order]")
![Failure to Repay SBI Car Loan: DRT Orders Repayment with 11.25% Interest, Upholds Right to Sell Hypothecated Vehicle for Recovery [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127564-failure-to-repay-sbi-car-loanjpg.webp "Failure to Repay SBI Car Loan: DRT Orders Repayment with 11.25% Interest, Upholds Right to Sell Hypothecated Vehicle for Recovery [Read Order]")
![Property Transferred Prior to Attachment, Director Not Liable While Company Is in Existence: Madras HC Directs Registration Without NOC [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127537-property-transferred-prior-to-attachmentjpg.webp "Property Transferred Prior to Attachment, Director Not Liable While Company Is in Existence: Madras HC Directs Registration Without NOC [Read Order]")
Non-Production of BIS Certificate & DGFT Authorisation: Madras HC Orders Provisional Release of 123 Used Digital MFDs [Read Order]
In a recent ruling, the Madras High Court directed the Customs Department to pass orders for provisional release of 123 units of second-hand Digital Multifunction Print, Copying and Scanning...
![Non-Production of BIS Certificate & DGFT Authorisation: Madras HC Orders Provisional Release of 123 Used Digital MFDs [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127467-non-production-of-bis-certificatejpg.webp "Non-Production of BIS Certificate & DGFT Authorisation: Madras HC Orders Provisional Release of 123 Used Digital MFDs [Read Order]")
Customs Must Decide Importer’s Plea for Provisional Release Despite Ongoing SIIB Probe: Madras HC Directs Time-Bound Consideration [Read Order]
In a recent ruling, the Madras High Court held that Customs authorities must consider an importer’s request for provisional release of goods within a reasonable time, even if Special Intelligence...
![Customs Must Decide Importer’s Plea for Provisional Release Despite Ongoing SIIB Probe: Madras HC Directs Time-Bound Consideration [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127454-madras-high-court-importers-plea-siib-time-bound-consideration-provisional-release-siib-investigation-taxscan.webp "Customs Must Decide Importer’s Plea for Provisional Release Despite Ongoing SIIB Probe: Madras HC Directs Time-Bound Consideration [Read Order]")
SC Upholds Conviction In Foreign Watch Smuggling Case under Customs Act, Reduces Sentence To Period Already Undergone [Read Order]
The appellant's conviction in a case of smuggling foreign watches has been upheld by the Supreme Court of India in a case under Section 135(1)(b)(i) of the Customs Act, 1962, but with a substantial...
![SC Upholds Conviction In Foreign Watch Smuggling Case under Customs Act, Reduces Sentence To Period Already Undergone [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127432-foreign-watch-smuggling-case-under-customs-act-taxscan.webp "SC Upholds Conviction In Foreign Watch Smuggling Case under Customs Act, Reduces Sentence To Period Already Undergone [Read Order]")
Financial Crisis Not a Valid Ground to Set Aside Order When Adequate Opportunity Granted After Remand for Fresh Consideration: Madras HC
The Madras High Court held that a plea of financial crisis is not a valid ground to set aside an order, particularly when adequate opportunity of hearing has been granted pursuant to a remand for...
