SEKAR REPORTER Blog

NewsSC upholds Benami Act attachment during IBC moratorium, dismisses appeals SC upholds Benami Act attachment during IBC moratorium, dismisses appeals Supreme Court of India upheld property attachment under Benami law during IBC moratorium, affirming NCLAT and NCLT rulings and impacting insolvency proceedings for corporate debtors and lenders.

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For the reasons stated above, all the appeals are dismissed with costs quantified at Rs. 5 lakhs each. The amount shall be deposited with the Supreme Court Advocates on Record Association (SCAORA) within four weeks from the date of passing of this judgment.

2026 INSC 187 REPORTABLE   IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION   CIVIL APPEAL NO. 7140 of 2022                                  S. RAJENDRAN                                                                                                                                                      ….APPELLANT(S) VERSUS THE...

Adv Siddarth. SPP/Standing Counsel Income Tax assisted the ASG Supreme Court today upheld an NCLAT judgment that held that attachment under the Prohibition of Benami Property Transactions Act, 1988 (Benami Act) can be challenged only before authorities provided under that Act and not before the NCLT under the Insolvency and Bankruptcy Code, 2016.

The Supreme Court today upheld an NCLAT judgment that held that attachment under the Prohibition of Benami Property Transactions Act, 1988 (Benami Act) can be challenged only before authorities provided under that Act and...

The #MadrasHighCourt on Tuesday granted six more months for the trial courts to complete the trial in three disproportionate asset cases pending against Water Resources Minister Duraimurugan and Agriculture & Farmers Welfare Minister M.R.K. Panneerselvam since 2002. Justice A.D. Jagadish Chandira granted the

[25/02, 08:20] sekarreporter1: The #MadrasHighCourt on Tuesday granted six more months for the trial courts to complete the trial in three disproportionate asset cases pending against Water Resources Minister Duraimurugan and Agriculture & Farmers...

“The Madras High Court has sent case files concerning an Rs 80 lakh cash loan to the Income Tax Department for scrutiny. The court ruled that the lender does not need to disclose

“The Madras High Court has sent case files concerning an Rs 80 lakh cash loan to the Income Tax Department for scrutiny. The court ruled that the lender does not need to disclose

[25/02, 08:07] sekarreporter1: https://m.economictimes.com/wealth/tax/80-lakh-cash-loan-row-madras-hc-refuses-to-force-pan-disclosure-sends-papers-to-i-t-dept/articleshow/128746303.cms [25/02, 08:07] Meta AI: சென்னை உயர்நீதிமன்றம், ரூ.80 லக்சம் கடன் வழக்கில், கடன் கொடுத்தவரின் பான் எண்ணை வெளியிட வேண்டாம் என்று உத்தரவிட்டுள்ளது. எனினும், வருமான வரித்துறைக்கு வழக்கு ஆவணங்களை அனுப்புமாறு நீதிமன்றம் உத்தரவிட்டுள்ளது. இந்த தீர்ப்பு, வருமான வரிச்...

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