Security Interest shall Stand Relinquished On Default Payment of Liquidation Costs as per 21A(3) of Liquidation Regulations: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT) has held that if the secured creditor fails to pay the liquidation costs...
![Notice issued by SBI to CD Recalling Loan Facility Not Amounts to Demand on Corporate Guarantor: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/SBI-SBI-to-form-Committee-to-Tackle-Co-Lending-Issues-Finance-Ministry-directs-SBI-Finance-Ministry-SBI-news-Taxscan.jpg "Notice issued by SBI to CD Recalling Loan Facility Not Amounts to Demand on Corporate Guarantor: NCLT [Read Order]")
Income Tax Dues Pending against Borrowers not a Bar for Property Registration Purchased in Auction of Bank : Karnataka HC [Read Order]
The Karnataka High Court ruled that the income tax dues pending against borrowers is not a bar for registering property purchased in an auction conducted by the Canara Bank. The court directed the...
![Income Tax Dues Pending against Borrowers not a Bar for Property Registration Purchased in Auction of Bank : Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/karnataka-high-court-income-tax-dues-property-registration-pending-tax-liability-property-auction-reistration-taxscan.jpg "Income Tax Dues Pending against Borrowers not a Bar for Property Registration Purchased in Auction of Bank : Karnataka HC [Read Order]")
Secured Creditor cannot Proceed under SARFAESI Act Following Dismissal of Civil Suit for Recovery on Merits: Kerala HC [Read Order]
In a recent decision, the Kerala High Court observed that the secured creditor cannot proceed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,...
Bank Registered with CERSAI has Priority Over DCST against Proceeds of Enforcement under SARFAESI Act: Bombay HC [Read Order]
The Bombay High Court has held that lender bank registration with the Central Registry of Securitisation and Security Interest of India (CERSAI) has priority over Deputy Commissioner of Sales Tax (...
Charge of Secured Creditor Precedes Over Charge on Dues of Sales Tax under SARFAESI Act: Gujarat HC [Read Order]
The Gujarat High Court observed that the charge of secured creditor precedes over charge on dues of sales tax under the Securitisation and Reconstruction of Financial Assets and Enforcement of...
![Tax Judgments of Supreme Court Annual Digest 2023 [Part 2]](https://www.taxscan.in/wp-content/uploads/2024/01/Supreme-Court-tax-decisions-Supreme-Court-Supreme-Court-Annual-Digest-Tax-Judgments-Annual-Digest-2023-taxsscan.jpg "Tax Judgments of Supreme Court Annual Digest 2023 [Part 2]")
![Tax Judgments of High Courts: Annual Case Digest 2023 [Part 1]](https://www.taxscan.in/wp-content/uploads/2024/01/High-Court-Tax-Judgements-Key-Tax-Judgements-2023-Taxscan-Annual-Digest-Income-Tax-Case-Summaries-GST-Legal-Updates-taxscan.jpg "Tax Judgments of High Courts: Annual Case Digest 2023 [Part 1]")
