Attachment and proclamation of sale of immovable property: limitation treated from financial year end; proclamation held within period, petition dismi...
Second Schedule attachment and validity of a post-notice mortgage: TRO cannot declare mortgage void ab initio; sale and appropriation allowed thereaft...
Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to reviv...
Deductibility of settlement payments for securities law penalties and treatment of unexplained cash credits in share trading -- Tribunal upholds posit...
Collateral Support for Export Credit under EPM-Niryat Protsahan is launched with immediate effect as a pilot, establishing a credit-guarantee mechanism for eligible MSME exporters' export-linked working capital (pre- and post-shipment) credit extended by eligible member lending institutions, aligned with RBI Master Directions on export credit; eligible exports are restricted to a notified positive list at the HSN six-digit level. Guarantee coverage is prescribed up to 85% for micro and small exporters and 65% for medium exporters, subject to a maximum guarantee ceiling of ₹10 crore per exporter for FY 2025-26 and an annual guarantee fee as per CGTMSE's CGS-I framework, enabling reduced collateral requirements and claim settlement on default within the notified coverage limits. Draft guidelines are concurrently opened for stakeholder consultation for 30 days, with refinement and later formalisation under the FTP/HBP framework.
Collateral Support for Export Credit under EPM-Niryat Protsahan is launched with immediate effect as a pilot, establishing a credit-guarantee mechanism for eligible MSME exporters' export-linked working capital (pre- and post-shipment) credit extended by eligible member lending institutions, aligned with RBI Master Directions on export credit; eligible exports are restricted to a notified positive list at the HSN six-digit level. Guarantee coverage is prescribed up to 85% for micro and small exporters and 65% for medium exporters, subject to a maximum guarantee ceiling of ₹10 crore per exporter for FY 2025-26 and an annual guarantee fee as per CGTMSE's CGS-I framework, enabling reduced collateral requirements and claim settlement on default within the notified coverage limits. Draft guidelines are concurrently opened for stakeholder consultation for 30 days, with refinement and later formalisation under the FTP/HBP framework.
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