PMLA | Properties acquired before commission of offence cannot be attached as IBC takes precedence over PMLA
Appellate Tribunal for SAFEMA, FEMA, PMLA, NDPS and PBPT Act: Justice Manmohan Singh (Chairman) allowed an appeal filed by a consortium of
mortgage
NCLAT | Relief for Consortium of Banks which extended loans to Jaiprakash Associates, NCLT order cancelling mortgage of 858 acres of land by JIL in favour of Banks quashed
National Company Law Appellate Tribunal (NCLAT): A 2-Member Bench of Justice S.J. Mukhopadhaya (Chairperson) and Justice Bansi Lal Bhat, Member (Judicial), set aside
Ker HC | Purpose for which an arrangement is entered into, is an essential ingredient to determine if the same is a mortgage or a lease
Kerala High Court: P. Somarajan, J. allowed the second appeal in a matter related to the redemption of mortgage, against the order
In limine dismissal of appeal reversed as the appellant was misguided and did not have proper legal advice
Delhi High Court: A Division Bench comprising of Sanjiv Khanna and Chander Shekhar, JJ. allowed a writ petition filed challenging the order
Right to redemption of mortgage is not absolute
Supreme Court: While hearing the matter relating to mortgagor’s right of redemption by appellant, the bench comprising of Navin Sinha and Ranjan
Sales Tax Authorities cannot enforce the alleged charge on a property from the buyer of the property if she/he has had no notice of the same
High Court of Bombay: In a case where the petitioners were charged against unanticipated dues on a property by the Sales Tax