![DRAT upholds Validity of Notice served u/r 9(1) of Security Interest (Enforcement ) Rules, Citing Evidence, Dismisses Appeal of Punjab National Bank [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071871-punjab-national-bank-taxscan.webp "DRAT upholds Validity of Notice served u/r 9(1) of Security Interest (Enforcement ) Rules, Citing Evidence, Dismisses Appeal of Punjab National Bank [Read Order]")
DRAT upholds Validity of Notice served u/r 9(1) of Security Interest (Enforcement ) Rules, Citing Evidence, Dismisses Appeal of Punjab National Bank [Read Order]
In a recent case, the Allahabad bench of the Debts Recovery Appellate Tribunal (DRAT) upheld the validity of notice served under rule 9(1) of...
![SEBI Directs Indian Banks & Mutual Funds to Remit Mehul Choksi’s Attached Assets Worth ₹2.13 Crore as Belgium Confirms His Presence [Read Order]](https://images.taxscan.in/h-upload/2025/07/08/250x150_2061456-indian-banks-mutual-funds-sebi-taxscan.webp "SEBI Directs Indian Banks & Mutual Funds to Remit Mehul Choksi’s Attached Assets Worth ₹2.13 Crore as Belgium Confirms His Presence [Read Order]")
![Punjab National Bank Appointed as Official Liquidator for 32 Defunct Banks by Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/04/250x150_2041215-punjab-national-bank-calcutta-hc-taxscan.webp "Punjab National Bank Appointed as Official Liquidator for 32 Defunct Banks by Calcutta HC [Read Order]")
![Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Income-Tax-Delhi-High-Court-Income-Tax-Act-Punjab-National-Bank-TAXSCAN.jpg "Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]")
Co-Owners Holding Immovable Property is Treated as Independent Service Provider: CESTAT allows Service Tax Exemption [Read Order]
While allowing the service tax exemption, the Ahmedabad Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that co-owners holding immovable property are treated as...
RP Failed to Examine issue of Reconstitution of CoC: NCLAT directs NCLT to decide after Considering Reply [Raed Order]
In a recent case, the National Company Law Appellate Tribunal ( NCLAT ) directed the National Company Law Tribunal ( NCLT ) to decide after considering the reply since the Resolution Professional (...
Disclosure of Address and Identity of Shareholders not Sufficient u/s 68 of Income Tax: ITAT Dismisses Appeal [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed an appeal, emphasizing that the mere disclosure of addresses and identities of shareholders was not sufficient under section 68...
![Disclosure of Address and Identity of Shareholders not Sufficient u/s 68 of Income Tax: ITAT Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Delhi-Income-Tax-Tax-news-identity-of-shareholders-taxscan.jpg "Disclosure of Address and Identity of Shareholders not Sufficient u/s 68 of Income Tax: ITAT Dismisses Appeal [Read Order]")
Successful Auction Purchaser In Liquidation Proceedings Entitled For Certain Consequential Reliefs: NCLAT Rules in Matter of Punjab National Bank International [Read Order]
In the matter of Punjab National Bank (International Limited), the National Company Law Appellate Tribunal (“NCLAT”) has ruled that the successful auction purchaser in liquidation proceedings is...
