Whether separate notices u/s 13(4) of the SARFAESI Act, ...

Separate Notices Under SARFAESI Act for Single Debt Can Be Contested Together u/s 17.

November 4, 2019

Case Laws Indian Laws HC

Whether separate notices u/s 13(4) of the SARFAESI Act, pertaining to different secured assets for a single debt, can be challenged in a single application u/s 17? - Held Yes - the cause of action of the said application is a composite bundle of facts, taking within its fold all the said three separate notices, since those emanate from the same single debt

View Source

← Previous Next →

Whether separate notices u/s 13(4) of the SARFAESI Act, ...

Separate Notices Under SARFAESI Act for Single Debt Can Be Contested Together u/s 17.

November 4, 2019

Case Laws Indian Laws HC

You may also like:

Financial Debt or not - related parties - Approval of Resolution Plan - The basic element of the Financial Debt that such disbursement should be for consideration of...

Separate BSDA limit for Debt Securities

GST dispute involving misclassification of two-wheeler seats - petitioner challenged bunching of show cause notices for multiple assessment years - HC allowed splitting...

Time limit for issue of Notice - Customs Broker - "Issue of Notice" versus "Service of Notice" - The word ‘issue’ in regulation 17 of the 2018 Regulations or regulation...

Revival of abandoned SCN - gap between 14 to 17 years - even if, notices can be kept in the call book to avoid multiplicity of the proceedings, yet the principle of...

Validity of Sale Certificate issued in favour of the Auction Purchaser - This is a case where the Company, with its own independent identity, is contesting the...

SVLDRS - whether the excess disputed amount deposited by the petitioner by way of pre-deposit in respect of the first show-cause notice (SCN-1) can be adjusted towards...

Penalty u/s 271(1)(b) - Manner of service of notice - there is no mentioning of reasons by the A.O. in the assessment order as to why the Notice has to be served through...

Wealth escaping assessment - Lack of jurisdiction of ACIT, Circle-9(1), Bengaluru who issued notice u/s 17 - the validity of notice issued u/s 17 of the Act is primarily...

HC set aside the order disallowing Input Tax Credit (ITC) u/s 17(5) of GST Act. The revenue authorities failed to specify which clause u/s 17(5) was invoked for ITC...

Recovery of Customs Duty with penalty after a gap of 17 years - It is the grievance on the part of the petitioner that for the entire period of 17 years, the show cause...

SEBI introduced a new framework for Mutual Fund Lite (MF Lite) schemes, allowing launch of passive funds tracking specified equity and debt indices. Key provisions...

The High Court dismissed the application challenging the freezing orders issued by the Enforcement Directorate u/ss 17 and 17(1-A) of the Prevention of Money Laundering...

The High Court set aside an assessment order due to lack of reasonable opportunity for the petitioner to contest the tax demand on merits. The show cause notice and...

Issuance of pre-show cause notice consultation - demand of service tax - The contesting respondents were mandatorily required to have a pre-show cause notice...

Quick Updates: