![Service Tax Demands Against Aircel Extinguished After NCLT-Approved Resolution Plan Under IBC: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/16/2125537-cestat-chennai-service-tax-demand-aircel-resolution-plan-ibc-aircel-service-tax-case-taxscan.webp "Service Tax Demands Against Aircel Extinguished After NCLT-Approved Resolution Plan Under IBC: CESTAT [Read Order]")
Service Tax Demands Against Aircel Extinguished After NCLT-Approved Resolution Plan Under IBC: CESTAT [Read Order]
In a recent ruling, the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Chennai Bench held that service tax demands stand...
![RTI Queries Seeking Confirmation of Right Person for CIRP Payments Not Covered u/s 2(f): IBBI [Read Notification]](https://images.taxscan.in/h-upload/2026/02/14/2125140-rti-queries-seeking-confirmation-of-right-person-for-cirp-payments-not-covered-us-2f-ibbi.webp "RTI Queries Seeking Confirmation of Right Person for CIRP Payments Not Covered u/s 2(f): IBBI [Read Notification]")
![From 54,000 Filings to 48,000 Resolutions: NCLT Chief Bows Out after Transforming Tribunal Efficiency [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125091-from-54000-filings-48000-resolutions-nclt-chief.webp "From 54,000 Filings to 48,000 Resolutions: NCLT Chief Bows Out after Transforming Tribunal Efficiency [Read Order]")
![DGFT Clarifies Warehousing of Industrial Chemicals is Permitted Under FTP 2023 Para 2.36(a), Subject to Compliance [Read Notification]](https://images.taxscan.in/h-upload/2026/02/11/2124631-dgft-clarifies-warehousing-industrial-chemicals-permitted-under-ftp-2023-subject-compliance-taxscan.webp "DGFT Clarifies Warehousing of Industrial Chemicals is Permitted Under FTP 2023 Para 2.36(a), Subject to Compliance [Read Notification]")
![12 Years Mortgage Limitation Under Article 62 Not Applicable to CIRP Claims: NCLT Applies 3 Years Limitation [Read Order]](https://images.taxscan.in/h-upload/2026/02/11/2124588-12-years-mortgage-limitation-under-applicable-cirp-claims-nclt-applies-limitation-taxscan.webp "12 Years Mortgage Limitation Under Article 62 Not Applicable to CIRP Claims: NCLT Applies 3 Years Limitation [Read Order]")
NCLAT Upholds Resolution Plan Payout to GNIDA, Rejects Objections on Section 30(2) and Valuation [Read Order]
The National Company Law Appellate Tribunal (NCLAT) Principal Bench at New Delhi, has refused to interfere with the approval of a resolution plan providing a higher payout to Greater Noida...
![NCLAT Upholds Resolution Plan Payout to GNIDA, Rejects Objections on Section 30(2) and Valuation [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124028-nclat-upholds-resolution-plan-payout-gnida-rejects-objections-section-302-valuation-taxscan.webp "NCLAT Upholds Resolution Plan Payout to GNIDA, Rejects Objections on Section 30(2) and Valuation [Read Order]")
Share Capital Reduction u/s 66 a Matter of Domestic Concern of Company: NCLAT upholds Capital Reduction Offering 56% Premium to Minority Shareholders [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has dismissed an appeal challenging the selective reduction of share capital approved in favour of Reliance Retail...
![Share Capital Reduction u/s 66 a Matter of Domestic Concern of Company: NCLAT upholds Capital Reduction Offering 56% Premium to Minority Shareholders [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124027-share-capital-reduction-66-matter-domestic-concern-company-nclat-upholds-capital-reduction-offering.webp "Share Capital Reduction u/s 66 a Matter of Domestic Concern of Company: NCLAT upholds Capital Reduction Offering 56% Premium to Minority Shareholders [Read Order]")
![NCLAT Dismisses Plea to Revive CIRP After Corporate Debtor Clears Part IV Dues [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124026-nclat-new-delhi-corporate-debtor-cirp-after-corporate-debtor-corporate-debtor-clears-part-iv-dues-corporate-debtor-clears-dues-taxscan.webp "NCLAT Dismisses Plea to Revive CIRP After Corporate Debtor Clears Part IV Dues [Read Order]")
No Grounds made out to Interfere with Impugned Order: NCLAT Upholds Rejection of Resolution Plan Valued at ₹74 Lakh [Read Order]
The National Company Law Appellate Tribunal (NCLAT) Principal Bench at New Delhi, has declined to interfere with an order rejecting a resolution plan on the ground of inconsistencies in the valuation...
![No Grounds made out to Interfere with Impugned Order: NCLAT Upholds Rejection of Resolution Plan Valued at ₹74 Lakh [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124014-no-grounds-made-interfere-impugned-order-nclat-upholds-rejection-resolution.webp "No Grounds made out to Interfere with Impugned Order: NCLAT Upholds Rejection of Resolution Plan Valued at ₹74 Lakh [Read Order]")
No Apparent Error to Interfere with Liquidation Proceedings: NCLAT Rejects Tax Claim Filed After Liquidation Cut-Off Period [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) has held that a belated statutory claim raised during liquidation proceedings cannot be entertained once the prescribed ...
![No Apparent Error to Interfere with Liquidation Proceedings: NCLAT Rejects Tax Claim Filed After Liquidation Cut-Off Period [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124017-liquidation-cut-off-period-nclat-taxscan-.webp "No Apparent Error to Interfere with Liquidation Proceedings: NCLAT Rejects Tax Claim Filed After Liquidation Cut-Off Period [Read Order]")
![Pending Challenge to CoC Constitution Not a Bar on RP Appointment u/s 27: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2123993-pending-challenge-to-coc-constitution-nclat-taxscan.webp "Pending Challenge to CoC Constitution Not a Bar on RP Appointment u/s 27: NCLAT [Read Order]")
No Separate Application Needed for Condonation of Delay if Cause is Evident: NCLAT Rejects Appeal [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal where an application filed by the Resolution Professional was under challenge. The Tribunal held that...
![No Separate Application Needed for Condonation of Delay if Cause is Evident: NCLAT Rejects Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2123996-no-separate-application-needed-condonation-delay-cause-evident-nclat-rejects-appeal-taxscan.webp "No Separate Application Needed for Condonation of Delay if Cause is Evident: NCLAT Rejects Appeal [Read Order]")