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![Resolution Professional Entitled to determine Related Party Status of Creditor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Resolution-Professionals.jpg "Resolution Professional Entitled to determine Related Party Status of Creditor: NCLAT [Read Order]")
Resolution Professional Entitled to determine Related Party Status of Creditor: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has ruled that the Resolution Professional ( RP ) has the authority to determine the related...
![Banks can decide Remuneration for Statutory Auditors: LS Passes Banking Laws (Amendment) Bill 2024 [Read Bill]](https://www.taxscan.in/wp-content/uploads/2024/12/Banking-Laws-Amendment-Bill-2024-Banking-Laws-Amendment-Bill-Lok-Sabha-Banking-Reforms-Banking-Law-Changes-India-taxscan.jpg "Banks can decide Remuneration for Statutory Auditors: LS Passes Banking Laws (Amendment) Bill 2024 [Read Bill]")
![Pendency of One Time Settlement Proposal is not A Ground to Reject Application u/s 95: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/NCLAT-NCLAT-Delhi-National-Company-Law-Appellate-Tribunal-NCLAT-ruling-on-OTS-TAXSCAN.jpg "Pendency of One Time Settlement Proposal is not A Ground to Reject Application u/s 95: NCLAT [Read Order]")
![Share Capital Reduction Does Not Exempt Company From Fulfilling Other Statutory Obligations: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Share-Capital-NCLT-Fulfilling-Other-Statutory-Obligations-Share-Capital-Reduction-the-Ahmedabad-bench-of-National-Company-Law-Tribunal-Taxscan.jpg "Share Capital Reduction Does Not Exempt Company From Fulfilling Other Statutory Obligations: NCLT [Read Order]")
![Ex-Management of Corporate Debtor cannot file Proposal u/s 12A of IBC while considering Resolution Plan: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Ex-Management-Corporate-Debtor-IBC-Resolution-Plan-NCLT-taxscan.jpg "Ex-Management of Corporate Debtor cannot file Proposal u/s 12A of IBC while considering Resolution Plan: NCLT [Read Order]")
![Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Resolution-Professional-Functus-Officio-IBC-NCLT-taxscan.jpg "Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]")
SEBI Mandates Registration for Bankers to an Issue, Amends SEBI (Bankers to an Issue) Regulations [Read Notification]
The Securities and Exchange Board of India ( SEBI ) has mandated the registration for the bankers to an issue by amending the SEBI (Bankers to an Issue) Regulations, 1994. The SEBI, vide...
![SEBI Mandates Registration for Bankers to an Issue, Amends SEBI (Bankers to an Issue) Regulations [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/11/SEBI-SEBI-registration-SEBI-Registration-for-Bankers-bankers-to-an-issue-taxscan.jpg "SEBI Mandates Registration for Bankers to an Issue, Amends SEBI (Bankers to an Issue) Regulations [Read Notification]")
![Look-Back Period Cannot Be Extended Beyond 2 year Limit u/s 43(4) Of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/NCLAT-NCLAT-New-Delhi-IBC-National-Company-Law-Appellate-Tribunal-Insolvency-and-Bankruptcy-Code-Look-Back-Period-year-Limit-TAXSCAN.jpg "Look-Back Period Cannot Be Extended Beyond 2 year Limit u/s 43(4) Of IBC: NCLAT [Read Order]")
Insolvency Proceeding under IBC and Proceedings under Negotiable Instruments Act can be Proceed Simultaneously: Himachal Pradesh HC [Read Order]
In a ruling, the Himachal Pradesh High Court held that the insolvency proceedings initiated under the Insolvency and Bankruptcy Code ( IBC ), 2016 and proceedings under Negotiable Instruments Act can...
![Insolvency Proceeding under IBC and Proceedings under Negotiable Instruments Act can be Proceed Simultaneously: Himachal Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Himachal-Pradesh-High-Court-Insolvency-and-Bankruptcy-Code-IBC-Insolvency-Proceeding-taxscan.jpg "Insolvency Proceeding under IBC and Proceedings under Negotiable Instruments Act can be Proceed Simultaneously: Himachal Pradesh HC [Read Order]")
ITAT confirms 50% Disallowance of Motor Car and Bike Expenses due to Failure to Provide Details [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the First Appellate Authority's decision by confirming a 50% disallowance of motor car and bike expenses due to the assessee's...
![ITAT confirms 50% Disallowance of Motor Car and Bike Expenses due to Failure to Provide Details [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Disallowance-Motor-Car-expenses-Motor-Car-and-Bike-Expenses-Bike-Expenses-Disallowance-of-Motor-Car-and-Bike-Expenses-itat-news-on-Disallowance-of-Motor-Car-and-Bike-Expenses-tax-news-taxscan.jpg "ITAT confirms 50% Disallowance of Motor Car and Bike Expenses due to Failure to Provide Details [Read Order]")