Search Results for "Consent Waiver"

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Bombay High Court Dismisses HUF's Writ Petition Against Rejection of Waiver of Interest Under Section 234B. Court Holds That Allowable Deduction Requires Actual Expenditure, Following New India Mining Corporation (P) Ltd. v. CIT.

The petitioner, a Hindu Undivided Family engaged in mining and export of iron ore, filed its income tax return for Assessment Year 1997-98 on 31.10.19...

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Bombay High Court Hears Writ Petition Challenging DRAT's Waiver of Pre-Deposit and Setting Aside of DRT Order Under SARFAESI Act; Auction Purchaser Disputes Complete Waiver Under Section 18 and Reversal of DRT's Dismissal of Securitisation Application.

The writ petition was filed by an auction purchaser under Article 226 of the Constitution of India, challenging two orders of the Debt Recovery Appell...

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Bombay High Court Partially Allows Borrower's Waiver Challenge and ARCL's Interest Inclusion Petitions in SARFAESI Appeal Pre-Deposit Dispute. The Court reduced pre-deposit from 50% to 25% of debt due including interest, balancing the borrower's right to appeal and the secured creditor's interests.

The case involves cross-petitions arising from a common DRAT order dated 04 June 2024. The borrower, M/s Royal Traders, challenged the DRAT's refusal ...