Recovery of Debt

Supreme Court Upholds Debtor’s Right to Reclaim Property Under Income Tax Act: R.S. Infra-Transmission Ltd. vs. Saurinindubhai Patel (2022)

/ Auction Sale, B.V. Nagarathna, Income Tax Act, 1961, Income Tax Act, 1961 with Rule 60, Judges, M.R. Shah, Recovery of Debt

Supreme Court Upholds Debtor’s Right to Reclaim Property Under Income Tax Act: R.S. Infra-Transmission Ltd. vs. Saurinindubhai Patel (2022) LEGAL ISSUE: Whether a debtor’s right to reclaim property under Rule 60 of the Second Schedule of the Income Tax Act, 1961, can be defeated due to a minor shortfall in payment caused by an error […]

Supreme Court Upholds Debtor’s Right to Reclaim Property Under Income Tax Act: R.S. Infra-Transmission Ltd. vs. Saurinindubhai Patel (2022) Read Post »

Supreme Court Upholds Auction Sale: Deenadayal Nagari Sahakari Bank Ltd. vs. Munjaji (2022)

/ Auction Law, Auction Sale, B.V. Nagarathna, Judges, M.R. Shah, Maharashtra Co-operative Societies Act, 1960, Maharashtra Co-operative Societies Act, 1960 with Section 101, Maharashtra Co-operative Societies Rules, 1961 with Rule 107, Recovery of Debt

Supreme Court Upholds Auction Sale: Deenadayal Nagari Sahakari Bank Ltd. vs. Munjaji (2022) LEGAL ISSUE: Whether the High Court was right in setting aside an auction sale due to alleged procedural irregularities under the Maharashtra Co-operative Societies Rules, 1961. CASE TYPE: Recovery of Debt/Cooperative Law Case Name: Deenadayal Nagari Sahakari Bank Ltd. & Another vs.

Supreme Court Upholds Auction Sale: Deenadayal Nagari Sahakari Bank Ltd. vs. Munjaji (2022) Read Post »

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