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bank accounts

delhi high court
Case BriefsHigh Courts

‘Appears to be large-scale operation with intention to collect money under the name AJIO’; Delhi High Court directs Cyber Cell to investigate AJIO scratch card scam

“The letters and the scratch cards, etc., are so convincing that any customer or recipient will be unable to distinguish between the plaintiffs’ communications and those of the said entity or person.”

Published on September 13, 2023September 15, 2023By Simranjeet
Leave a comment1932 views
coercive tax recovery
Experts CornerTarun Jain (Tax Practitioner)

Judicial Prescriptions Against Coercive Tax Recovery: An Anthology

by Tarun Jain†
Cite as: 2023 SCC OnLine Blog Exp 70

Published on September 11, 2023December 22, 2023By Bhumika Indulia
Leave a comment2904 views
NCLAT
Case BriefsTribunals/Commissions/Regulatory Bodies

NCLAT | Can a Resolution Professional “freeze” the Bank Accounts of Corporate Debtor?

National Company Law Appellant Tribunal, Chennai: The Bench of M.V. Venugopal, J. Judicial Member, and Kanthi Narahari, Technical Member has held that

Published on July 13, 2022May 15, 2025By Editor_4
Leave a comment3620 views
Case BriefsHigh Courts

Economic Offence | Entire community is aggrieved if economic offenders, who ruin economy of the State are not brought to book: Patna HC

Patna High Court: Expressing that the entire community is aggrieved if the economic offenders, who ruin the economy of the State are

Published on March 22, 2022April 1, 2022By Bhumika Indulia
1 Comment2382 views
Saket Court
Case BriefsDistrict Court

Saket Courts | Wife, a banker, misusing her position to get details of in-laws’ bank accounts to show husband evading payment of maintenance: Is wife guilty of criminal breach of trust? Court analyses

Saket Courts, New Delhi: Sonu Agnihotri, Additional Sessions Judge – 03, addressed a matter, wherein a wife using improper means procured the

Published on March 10, 2022March 10, 2022By Bhumika Indulia
Leave a comment4473 views
Income Tax Appellate Tribunal
Case BriefsTribunals/Commissions/Regulatory Bodies

Can merely disowning bank accounts exempt assessee from paying tax? Read why ITAT approved addition of Rs 12.81 Crores under S.68 of Income Tax Act

Income Tax Appellate Tribunal (ITAT), New Delhi: Stating that, “Urgent needs invite urgent action”, Amit Shukla, Judicial Member and Dr B.R.R. Kumar,

Published on January 19, 2022February 4, 2022By Bhumika Indulia
Leave a comment2826 views
National Company Law Tribunal
Case BriefsTribunals/Commissions/Regulatory Bodies

Attachment of Bank Accounts of a Corporate Debtor: Is it violative of S. 14 of IBC during pendency of Corporate Insolvency Resolution Process? NCLT explains

National Company Law Tribunal, Mumbai Bench: The Coram of H.V. Subba Rao, Judicial Member and Chandra Bhan Singh, Technical Member directed that

Published on December 18, 2021December 18, 2021By Bhumika Indulia
Leave a comment3971 views
Case BriefsHigh Courts

Chh HC | Whether ‘bank account’ can be held to be `property’ within the meaning of S. 102(1) CrPC?  HC explains

Chhattisgarh High Court: Rajendra Singh Samant, J., dismissed the petition being devoid of merits. The facts of the case are such that

Published on April 21, 2021April 23, 2021By Editor_4
3 Comments6577 views
Case BriefsHigh Courts

Bom HC | Minor’s property fraudulently transferred. Can application for such declaration and order for recovery lie in Guardianship Petition? HC elucidates

Bombay High Court: S.C. Gupte, J., dismissed a guardianship petition on the ground of jurisdiction. A Guardianship petition was filed under Sections

Published on April 10, 2021April 16, 2021By Bhumika Indulia
Leave a comment4154 views
Hot Off The PressNews

RBI permits banks to open specific accounts without any restrictions

Opening of Current Accounts by Banks On a review, it has been decided to permit banks to open specific accounts which are

Published on December 15, 2020December 15, 2020By Bhumika Indulia
Leave a comment2232 views
Hot Off The PressNews

Aadhaar Hearing [Day 14]: Aadhaar is an entitlement like Passport. I may or may not obtain it: Arvind Datar

When the 5-judge bench of Dipak Misra, CJ and Dr. AK Sikri, AM Khanwilkar, Dr. DY Chandrachud and Ashok Bhushan, JJ, assembled

Published on March 6, 2018March 6, 2018By Prachi Bhardwaj
Leave a comment4490 views
Hot Off The PressNews

RBI clarifies that linking Aadhaar to bank accounts is mandatory

Press Release Some news items have appeared in a section of the media quoting a reply to a Right to Information Act application

Published on October 23, 2017By Saba
Leave a comment3788 views
Case BriefsHigh Courts

Petition regarding tenability of restrictions imposed on over the counter cash withdrawals via Central Notification dated 08.11.2016, dismissed

Delhi High Court: While considering the present petitions regarding the tenability of the restrictions imposed on over the counter cash withdrawals via

Published on December 6, 2016January 31, 2017By Saba
Leave a comment4114 views

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