![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 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...
![DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/250x150_2115651-drat-sets-side-auction-sale-due-to-stale-valuation-report-taxscan.jfif "DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]")
![DRAT Orders Expeditious Disposal of SARFAESI Case considering Delay in communication of Stay order to UBI [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/250x150_2104636-drat-orders-sarfaesi-case-ubi-taxscan.webp "DRAT Orders Expeditious Disposal of SARFAESI Case considering Delay in communication of Stay order to UBI [Read Order]")
![Financial Debt Default of over Rs. 45 Crores: NCLT Admits SBIs Application and Initiates CIRP Against Giga Pipe Systems [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102556-financial-debt-nclt-sbi-cirp-giga-pipe-systems.webp "Financial Debt Default of over Rs. 45 Crores: NCLT Admits SBIs Application and Initiates CIRP Against Giga Pipe Systems [Read Order]")
![Entry in Balance Sheet Acknowledges Debt: Supreme Court Allows IL&FS Plea [Read Judgement]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071796-supreme-court-constitutional-validity-gst-act-taxscan.webp "Entry in Balance Sheet Acknowledges Debt: Supreme Court Allows IL&FS Plea [Read Judgement]")
Liquidator can institute proceedings against personal guarantors when appeal was made within Prescribed Limitation Period: NCLT rules in favour of UCO Bank [Read Order]
In a ruling in favour of UCO bank, the National Company Law Tribunal (NCLT) held that the appeal falls within the ambit of the limitation period as prescribed under Section 19 of the Limitation Act,...
Application u/s 95 of IBC Can be Filed by Creditor in his Individual Capacity or Jointly through RP: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) Bench of has held that Section 95 of Insolvency Bankruptcy Code (IBC), 2016 states that a Section 95 application can be filed by a creditor in his...
Certification of Books of Account without Accurate Verification is Vital Professional Misconduct: ICAI Removes CA from Register and Imposes Fine [Read Order]
The Institute of Chartered Accountants of India removed Chartered Accountant (CA), Syed Shahul Meeran K from the CA membership Register and imposed a fine on the professional misconduct of certifying...
COVID-19: Loan Defaulters should get Benefit of RBI’s Advisory on Moratorium, says Delhi HC [Read Order]
Due to the outbreak of pandemic COVID-19, the High Court of Delhi in its recent ruling held that the Reserve Bank of India’s (RBI’s) advisory on moratorium is applicable even to loans on default as on...
![COVID-19: Loan Defaulters should get Benefit of RBI’s Advisory on Moratorium, says Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Investments-RBI-Taxscan.jpg "COVID-19: Loan Defaulters should get Benefit of RBI’s Advisory on Moratorium, says Delhi HC [Read Order]")