Mansi Yadav
![DRAT Rejects Lohia Corps Plea against Joint Debt Recovery Order, Upholds Liability of Bill Acceptors [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/500x300_2115629-drat-rejects-lohia-corps-plea-against-joint-debt-recovery-order-upholds-liability-of-bill-acceptors-taxscan.webp "DRAT Rejects Lohia Corps Plea against Joint Debt Recovery Order, Upholds Liability of Bill Acceptors [Read Order]")
DRAT Rejects Lohia Corp's Plea against Joint Debt Recovery Order, Upholds Liability of Bill Acceptors [Read Order]
In a recent ruling, the Debts Recovery Appellate Tribunal (DRAT) in Allahabad, recently dismissed an appeal by Lohia Corp Ltd. regarding their...
![DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/250x150_2115651-drat-sets-side-auction-sale-due-to-stale-valuation-report-taxscan.jfif "DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]")
![Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114627-understanding-shift-surcharge-rebate-marginal-relief-provisions-under-new-income-tax-old-vs-new-income-tax-act-series-.webp "Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]")
![No CIRP for COVID-Period Default: NCLAT Affirms NCLT Order Rejecting Application u/s 10A [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/250x150_2111279-nclat-affirms-nclt-order-rejecting-application-taxscan.jfif "No CIRP for COVID-Period Default: NCLAT Affirms NCLT Order Rejecting Application u/s 10A [Read Order]")
How Much Cash is Too Much? Understanding Permissible Limits on Holding, Carrying and Transacting Cash in India
We live in an age where technology is growing by leaps and bounds. The push for digitisation is at its highest. Digitisation has also transformed our relationship with money. However, even in times...
Liquidator Cannot Short-Circuit Jurisdiction": NCLAT Refuses to Adjudicate Disputed Contractual Dues Against UP Rajkiya Nirman Nigam [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, in Company Appeal (AT) (Insolvency) No. 1561 of 2023, upheld the NCLT's decision that the liquidator cannot invoke the...
![Liquidator Cannot Short-Circuit Jurisdiction: NCLAT Refuses to Adjudicate Disputed Contractual Dues Against UP Rajkiya Nirman Nigam [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111253-liquidator-cannot-short-circuit-jurisdictn-nclat-refuses-adjudicate-disputed-contractual-dues-against-up-rajkiya-nirman-nigam-taxscan.webp "Liquidator Cannot Short-Circuit Jurisdiction: NCLAT Refuses to Adjudicate Disputed Contractual Dues Against UP Rajkiya Nirman Nigam [Read Order]")
No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]
The National Company Law Appellate Tribunal (NCLAT) at Chennai has upheld the rejection of repayment plans submitted by personal guarantors undergoing insolvency proceedings under the Insolvency...
![No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111276-nclat-chennai-resolution-professional-repayment-plans-guarantors-no-procedural-lapse-order-reject-taxscan.webp "No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]")
Revision of Assessment Order u/s 263 Not Valid for "Notional Interest" recognized under IND-AS: ITAT Limits Reassessment to Stock Valuation Issue
In a recent ruling on the scope of revisionary jurisdiction under Section 263 of the Income Tax Act, 1961, the Chandigarh Bench of the Income Tax Appellate Tribunal has partly upheld the order of...
NCLAT Sets Aside Private Sale of Corporate Power Ltd, Directs Liquidator to Hold Fresh Swiss Challenge Auction with EMD Capped at 10% of ₹265 Cr Reserve Price
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has issued a significant ruling in the liquidation of Corporate Power Limited (CPL), setting aside the earlier...
Authorisation Lapse in Insolvency Petition: NCLAT allows 98 Homebuyers to cure the defect [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has permitted 98 homebuyers to cure the authorisation defect in their insolvency petition filed under Section 7 of...
