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![NCLT initiates Bankruptcy proceedings against Anil Ambani for Rs 1,200 Crore Defaults of RCom, RTIL [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/NCLT-insolvency-proceedings-Anil-Ambani-Taxscan.jpg "NCLT initiates Bankruptcy proceedings against Anil Ambani for Rs 1,200 Crore Defaults of RCom, RTIL [Read Order]")
NCLT initiates Bankruptcy proceedings against Anil Ambani for Rs 1,200 Crore Defaults of RCom, RTIL [Read Order]
The National Company Law Tribunal (NCLT)'s Mumbai bench has allowed State Bank of India (SBI) to initiate insolvency proceedings against Anil Ambani...
![ITAT quashes Penalty against SBI on TDS default [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/SBI-ITAT-Taxscan.jpg "ITAT quashes Penalty against SBI on TDS default [Read Order]")
SC directs DRT to Transmit Rent received from Property attached to the Amrapali Account [Read Order]
The Supreme Court of India recently directed the Debt Recovery Tribunal (DRT) to transmit the rent which they have received from property that has been attached to the Amrapali Account maintained by...
![SC directs DRT to Transmit Rent received from Property attached to the Amrapali Account [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Anti-Profiteering-Measure-Supreme-Court-Taxscan.jpg "SC directs DRT to Transmit Rent received from Property attached to the Amrapali Account [Read Order]")
![NCLAT directs SBI to substitute IRP who was an Ex-employee of Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/SBI-NCLAT-IRP-Taxscan.jpg "NCLAT directs SBI to substitute IRP who was an Ex-employee of Bank [Read Order]")
Bank have Priority over Tax Dues: Hyderabad HC allows SBI to claim Income Tax Refund credited to Defaulters [Read Judgment]
The High Court of Hyderabad upheld the claim of the State Bank of India (SBI) over the income tax refund credited in the defaulters’ bank account with them and held that bank credits have priority...
![Bank have Priority over Tax Dues: Hyderabad HC allows SBI to claim Income Tax Refund credited to Defaulters [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/03/SBI-ITAT-CA-SBI-Taxscan.jpg "Bank have Priority over Tax Dues: Hyderabad HC allows SBI to claim Income Tax Refund credited to Defaulters [Read Judgment]")
