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![Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102690-partial-loan-insolvency-plea-nclat-axis-banks-partial-loan-disbursement-taxscan.webp "Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]")
Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) upheld the Adjudicating Authority’s decision admitting Axis Bank’s Section 7 of the Insolvency...
![Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102454-benefit-bifr-scheme-approval-of-resolution-plan-under-ibc-nclat-axis-bank-ltd-taxscan.webp "Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]")
![SC/ST Provisions cannot be Invoked to Obstruct Banks’ Lawful Security Interest & Mortgage Rights u/ SARFAESI: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/250x150_2099435-sarfaesi-delhi-high-court-sc-st-provisions-taxscan.webp "SC/ST Provisions cannot be Invoked to Obstruct Banks’ Lawful Security Interest & Mortgage Rights u/ SARFAESI: Delhi HC [Read Order]")
![RBI Enables Retail Access to FX-Retail Platform via Bharat Connect: Pilot Launched with Axis, SBI, ICICI, Federal & Yes Bank [Read Press Release]](https://images.taxscan.in/h-upload/2025/10/08/250x150_2094831-bharat-connect-taxscan.webp "RBI Enables Retail Access to FX-Retail Platform via Bharat Connect: Pilot Launched with Axis, SBI, ICICI, Federal & Yes Bank [Read Press Release]")
ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AO's Reliance on Unverified STR Information [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) upheld the deletion of an addition of Rs. 11,73,52,801 made by the Assessing Officer (AO) as unexplained cash credits under Section 68 and...
![ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AOs Reliance on Unverified STR Information [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065627-itat-itat-upholds-deletion-unexplained-cash-credit-cash-credit-addition-citing-aos-reliance-taxscan.webp "ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AOs Reliance on Unverified STR Information [Read Order]")
DRT Order staying Coercive steps in secured property without leave of Tribunal: DRAT Directs to dispose of Axis Bank’s petition on 18th July
In a recent case, the Kolkata bench of the Debts Recovery Appellate Tribunal (DRAT) directed to disposal of the petition filed by Axis Bank as there was an order by the DRT order staying coercive ...
