Debt Recovery Tribunal(s) are constituted to ensure expeditious disposal of controversies/ issues between the banks and borrowers in the larger public interest.
A question arose before the Apex Court as to whether the property mortgaged to a Bank by shareholder of a Company can be attached and sold in execution of a decree obtained by Bank
Receipt by way of transfer fee and Transfer of development rights (TDR) premium by a Housing Cooperative Society from its members whether can be claimed as tax-exempt on the ground of mutuality or not?
If Law does not permit service of notice while directing investigation by Director General under Competition Act, a need of notice cannot be pressed at the stage warranting further investigation
What is the nature of enquiry within the meaning of Section 133(6) of the Income Tax Act, 1961 was the question that arose for consideration before the Apex Court.
CIC directions and recommendations to respective authorities to check wastage of time and harassment to the information seekers under Right to Information Act, 2005
Mandatory Provisions of Rule 9 of Security Interest (Enforcement) Rules 2002 can be dispensed with when secured creditor, borrower and auction purchaser by a written agreement so agree In a matter revolving around the compliance […]
Clearing excise dues is not a statutory liability to be discharged when property and not the business of the erstwhile owner is the subject matter of purchase
In a contract where time is the essence, the promisee if due to reasons of negligence or delay on the part of promisor fails to deliver and suffers losses, is entitled to make good losses […]