Read all Latest Updates on and about Bank of Baroda

Begin typing your search above and press return to search.

Home
»
Bank of Baroda

Non-Service of Demand Notice and Irregularities in Auction Sale: DRAT Remands Matter for Fresh Decision [Read Order]

The borrower contended that no demand notice under Section 13(2) of the SARFAESI Act was served, and that the auction was conducted at a throw‑away...

DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of...

Bank of Baroda's Specific Condition Invalidates TP Adjustment on Corporate Guarantee Commission:...

Bank Cannot Cancel E-Auction After Confirming Sale: DRAT Calls Bank of Baroda's Act Illegal [Read...

Loan Default Alone Not Ground for Travel Restriction: Delhi HC quashes LOC Issued by Bank of Baroda...

Bank Cannot Freeze Account Solely Due to Voluntary GST Cancellation for Exempt Goods: Rajasthan HC [Read Order]

In a recent decision, the Rajasthan High Court at Jodhpur held that a bank cannot freeze a company’s account merely because its GST ( Goods and Services Tax ) registration was voluntarily cancelled,...

Cash Deposits in Bank Account Linked to Wrong PAN: ITAT Remands Matter to AO for Verification [Read Order]

The Ranchi Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the matter to the Assessing Officer (AO ) for verification after noting that cash deposits were made in a company’s bank account...

NCLAT dismisses personal guarantors' appeals against Bank of Baroda, upholds lower court's direction for document inspection [Read Order]

In a recent ruling, the National Company Law Appellate Tribunal (NCLAT) dismissed appeals filed by personal guarantors, upholding the National Company Law Tribunal's (NCLT) order that had...

Delay in Loan Restructuring Proceedings: DRAT directs DRT to decide OA Expeditiously [Read Order]

The Delhi bench of the Debt Recovery Appellate Tribunal (DRAT) has dismissed an appeal filed against Bank of Baroda & ors on finding delay in loan restructuring proceedings as it was pending...

90-Day Time Limit under Regulation 2B for Completing Section 230 Scheme of Arrangement is Directory: NCLAT grants 90 More Days [Read Order]

The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) ruled that the 90-day time limit under Regulation 2B of the IBBI (Liquidation Process) Regulations, 2016 for completing a...

Cash Deposits Treated as Unexplained u/s 69A: ITAT Restores Matter to AO Noting Failure to Examine Debit Entries and Additional Evidence [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) restored the matter to the Assessing Officer (AO) after noting that cash deposits of ₹18.32 lakh were treated as unexplained under ...

NCLAT Allows CIRP Withdrawal After Lenders Agree to Govt-Backed Revival Plan [Read Order]

The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has allowed the withdrawal of insolvency proceedings initiated against SE Transstadia Pvt. Ltd., after the lead lender Bank of ...