Article - Scope of Virtual Digital Asset—Extended Scope by Finance Act, 2025—CA. Deepak Harwani Digest - Section 13—Enforcement of security interest—Application to supply copies of section 14 application, its affidavit and copy of notice rejected by Trial Court—Application under section 14 not supported by affidavit/solemn affirmation—Provisions of section 14 complied with by bank Shailesh Traders v. Union Bank of India 2025 TaxPub(CL) 514 (Bom-HC) Digest - Section 13—Enforcement of security interest—No payment made by person after giving many opportunities—Whether High Court was justified in quashing of auction sale in favour of appellant Sanjay Sharma v. Kotak Mahindra Bank Ltd. 2025 TaxPub(CL) 513 (SC) Digest - Section 13—Enforcement of security interest—Auction sale in favour of appellant quashed by High Court—Disputes regarding title of person to be a subsequent purchaser of properties—Whether documents relied upon by person to claim ownership of properties fulfilled requirements of valid sale under section 54 of Transfer of Property Act Sanjay Sharma v. Kotak Mahindra Bank Ltd. 2025 TaxPub(CL) 513 (SC) Digest - Section 13—Enforcement of security interest—Cancellation of auction sale without any notice or opportunity of hearing to purchaser—No default committed by purchaser—Appeal against direction to issue sale certificate IDBI Bank Ltd. v. Ramswaroop Daliya 2025 TaxPub(CL) 252 (SC) : (2024) 186 SCL 418 (SC) Digest - Section 12A—Prohibition of manipulative and deceptive devices, insider trading and substantial acquisition of securities or control—Noticee abused FII route to trade in Indian Securities Market by concealing his identity—Noticee indulged in fraudulent activities and unfair trade practices—Direction of Vijay Mallya, In re 2025 TaxPub(CL) 704 (SEBI) Digest - Section 15T—Appeal to the Securities Appellate Tribunal—Appeal against imposition of penalty—Stock broker misused clients’ funds, funding clients beyond T+2+5 days and not issuing contract notes—Whether penalty is grossly disproportionate Beeline Broking Ltd. v. SEBI 2025 TaxPub(CL) 703 (SAT-Mum) Digest - Section 12A—Prohibition of manipulative and deceptive devices, insider trading and substantial acquisition of securities or control—No evidence of mutual arrangement between appellant and MSF to execute impugned trades at a discount—Allowability of appeal against imposition of penalty Jio Financial Services Ltd. v. SEBI 2025 TaxPub(CL) 655 (SAT-Mum) Statutes - MoU between IFSCA and NISM Press Release No.24/2025, dtd. 2-5-2025 Statutes - Caution to Public Against Dealing on ‘Opinion Trading Platforms’ Press Release No. 23/2025, dtd. 29-4-2025