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Supreme Court Allows Bank's Appeal Against Confiscation Orders Under Central Excise Act and SARFAESI Act. Commissioner's Use of Omitted Rule 173Q(2) Invalid and SARFAESI Act Grants Priority to Secured Creditors Over Excise Dues.

The appeal arose from a judgment of the Allahabad High Court dismissing a writ petition filed by Punjab National Bank. The bank had extended credit fa...

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Bombay High Court Dismisses Writ Petition Seeking Re-credit of Amount Allegedly Misused via Forged Cheque — No Direction to Bank as Criminal Complaint Pending Investigation

The petitioner, Bhupendra Hargovandas Majithia, filed a criminal writ petition before the Bombay High Court seeking a direction to Respondent No.3 (Ax...