Corporate Law
Insolvency Code Timelines - Belated Building Tax claim Rejected
The Tribunal highlighted the importance of adhering to prescribed timelines in insolvency proceedings to ensure fairness...
CESTAT Verdict: Examination Fees Not Taxable Under Manpower Recruitment Services
The judgment offers clarity on the taxability of services provided by government-established bodies, reaffirming the imp...
NCLAT Directs Adjudicating Authority to Follow Proper Procedure for Replacement of Resolution Professional
The NCLAT's decision underscores the importance of procedural compliance and the principles of natural justice in insolv...
NCLAT Upholds Assignment of GST Debt in CIRP, Dismisses Appeal by Ellison Oil Field Services
The judgment reinforces the flexibility within the IBC framework, enabling the assignment of debts to facilitate the res...
NCLAT Chennai Quashes Waiver Granted to Non-Members of Madras Race Club
The ruling serves as a reminder of the stringent requirements under the Companies Act, ensuring that only those with a l...
NCLAT Expunges Stigmatic Remarks Against SBI Officials and Counsel
Additionally, the NCLAT modified the directive regarding communication of the NCLT's order to SBI's senior officials. In...
NCLT Ruling: IRP Fees Not Payable During CIRP Stay, Settlement Closure Not a Withdrawal
This ruling provides clarity on the financial and procedural expectations for IRPs during stays and post-settlement scen...
Differentiation between "Clearing and Forwarding Agent Services" and "Goods Transport Agency Services"
The judgment clarifies that under Section 65B(26) of the Finance Act, 1994, transportation of goods by road qualifies as...
Tribunal Sets Aside Service Tax Demand on Residential Complex Construction by M/s Gourang Charan Das
The Tribunal's decision also underscored the appellant's eligibility for consequential relief as per law, marking a comp...
A shareholder is not an "aggrieved person" under the IBC to maintain such an application.
The judgment underscores the importance of maintaining the integrity and efficiency of the insolvency resolution process...
NCLAT Upholds Resolution Plan, Supersedes BIFR Scheme in Trinity Auto Components Case
The NCLAT's decision marks a pivotal affirmation of the IBC's supremacy in insolvency proceedings, reinforcing the legis...
NCLT Dismisses Kotak Mahindra's Insolvency Plea Against Mag.T Exim Ltd.
The adjudicating authority, comprising Member (Judicial) Shri Manni Sankariah Shanmuga Sundaram and Member (Technical) S...