Kalyani B. Nair
Kalyani is graduated from Government Law College Thiruvananthapuram on BA, LLB and is currently pursuing LLM in Criminal Law, Criminology and Penology. She always believes that Fear kills more dreams, than failure ever will. Her area of interest are Criminal law and Constitutional Law. She is also into baking, reading and gardening.
Relief to Canara Bank: SC dismisses SLP filed by Income Tax Dept with Delay of 261 days
In a relief to Canara Bank, the Supreme Court dismissed a special leave petition (SLP) filed by the Income Tax Department with a delay of 261 days. ...
![Forward Contracts not by way of Trading in Foreign Exchange Derivatives: SC dismisses SLP filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Foreign-Exchange-special-leave-petition-Income-Tax-Department-TAXSCAN.jpg "Forward Contracts not by way of Trading in Foreign Exchange Derivatives: SC dismisses SLP filed by Income Tax Dept [Read Order]")
![Addition of Capital Gains by Scrutiny Assessment u/s 143(3) r.w.s 147 of IT Act: SC Condones Delay in SLP filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Special-Leave-Petition-Supreme-Court-Income-Tax-Department-Certified-copy-of-judgment-Delay-in-SLP-Condones-Delay-taxscan.jpg "Addition of Capital Gains by Scrutiny Assessment u/s 143(3) r.w.s 147 of IT Act: SC Condones Delay in SLP filed by Income Tax Dept [Read Order]")
![Appeal abates once CIRP is initiated, IRP appointed and Resolution Plan is approved: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/CIRP-Initiation-Impact-on-Appeals-Appeal-CIRP-IRP-Resolution-Plan-CESTAT-taxscan.jpeg "Appeal abates once CIRP is initiated, IRP appointed and Resolution Plan is approved: CESTAT [Read Order]")
Power vested on RP u/s 25(1) of IBC to Reject CoC's Proposal for Renewal of Bank Guarantees by CD: NCLAT
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) observed that power is vested on Resolution Professional under Section 25(1) of the Insolvency and Bankruptcy Code, 2016 (IBC)...
CIRP cannot be initiated by Financial Creditor against Successful Resolution applicant on Default of Payment on Resolution Plan: NCLT
The Mumbai Bench of the National Company Law Tribunal (NCLT) ruled that the Corporate Insolvency Resolution Process (CIRP) cannot be initiated by Financial Creditor against Successful Resolution...
Liquidator entitled to Fee u/s 34 of IBC and Regulation 4 of Liquidation Regulations: NCLT [Read Order]
The New Delhi Bench of the National Company Law Tribunal (NCLT) ruled that the liquidator is entitled to fee under Section 34 of the Insolvency and Bankruptcy Code, 2016 (IBC) and Regulation 4 of the...
Bonafide of Usha International cannot be suspected just because vendor chose to affix different price tag: CESTAT quashes redemption fine [Read Order]
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the imposition of redemption fine and held that the bonafide of Usha International cannot be suspected...
![Bonafide of Usha International cannot be suspected just because vendor chose to affix different price tag: CESTAT quashes redemption fine [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Usha-International-Bonafide-of-Usha-International-vendor-CESTAT-redemption-fine-CESTAT-quashes-redemption-fine-.jpg "Bonafide of Usha International cannot be suspected just because vendor chose to affix different price tag: CESTAT quashes redemption fine [Read Order]")