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DEBTS RECOVERY APPELLATE TRIBUNAL
NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...- Jindal Poly Films row reaches SC again as minority investors seek revival of class action suitMinority shareholders of Jindal Poly Films have approached the Supreme Court, seeking to revive India's first corporate class action suit. ...
- Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...
- Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
- Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
- SC says 75-year-old lawyer 'prima facie entitled' to be on Bengal voter roll after SIR exclusionThe Supreme Court has indicated a 75-year-old lawyer, excluded from West Bengal's voter list, likely deserves inclusion. Hearing his plea, ...
- Expedite decision on lawyer's plea against deletion from voter list after Bengal SIR: SC to tribunalThe Supreme Court has directed an appellate tribunal to expedite the decision on an advocate's appeal challenging his name's deletion from ...
- OFCD case: SC agrees to hear SEBI's plea against SAT relief to SICCL managersThe Supreme Court will hear a plea from SEBI. SEBI challenges a Securities Appellate Tribunal order. The order granted relief to four manag...
- Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...
- NARCL makes fifth exit with Rs 575 crore recoveryAgson Global, a manufacturer of aroma ingredients, was admitted to insolvency proceedings by the National Company Law Tribunal following a ...
- Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
- Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...
- Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
- Govt said to accept tweaks to Securities Markets Code draftThe government has accepted significant changes to the proposed Securities Markets Code. Investigation timelines will be extended to one ye...
- OFCD case: SEBI moves SC against SAT relief to SICCL managers, company secretaryThe Securities and Exchange Board of India has approached the Supreme Court. This follows a Securities Appellate Tribunal order that provid...
- NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
- Canara Bank recovers over half of ₹500 crore Rajesh Exports exposure, CEO outlines growth strategyCanara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...
- Insider trading: Supreme Court upholds SAT clearance to Biocon MDThe Supreme Court has backed a tribunal's decision, clearing Biocon's managing director, Shreehas P Tambe, of insider trading allegations f...
- Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
- NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...
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