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Mere booking of income as service charge in their balance sheet would not Transfer entire amount to a single activity under ‘Business Auxiliary Services’: CESTAT
Mere bald allegations in a notice are not enough to sustain the demand against the appellant. The New Delhi bench of the Customs, Excise &...
![NCLAT Dismisses Appeal by Personal Guarantor in Bank of Maharashtra Case: Criticizes Casual Approach to IBC Proceedings [Read Order] NCLAT Dismisses Appeal by Personal Guarantor in Bank of Maharashtra Case: Criticizes Casual Approach to IBC Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/750x450_2051898-nclat-personal-guarantor-bank-taxscan.webp)
NCLAT Dismisses Appeal by Personal Guarantor in Bank of Maharashtra Case: Criticizes Casual Approach to IBC Proceedings [Read Order]
The law intends to shield honest debtors from aggressive recovery action, it does not extend to parties who appear uninterested in resolving their debt through structured processes like repayment plans or cooperation with resolution professionals
![NCLAT Dismisses Appeal by Personal Guarantor in Bank of Maharashtra Case: Criticizes Casual Approach to IBC Proceedings [Read Order] NCLAT Dismisses Appeal by Personal Guarantor in Bank of Maharashtra Case: Criticizes Casual Approach to IBC Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/750x450_2051898-nclat-personal-guarantor-bank-taxscan.webp)
NCLAT Dismisses Appeal by Personal Guarantor in Bank of Maharashtra Case: Criticizes Casual Approach to IBC Proceedings [Read Order]
The law intends to shield honest debtors from aggressive recovery action, it does not extend to parties who appear uninterested in resolving their debt through structured processes like repayment plans or cooperation with resolution professionals