Sandhra Suresh
Shareholders Under the IBC: Why Equity and Preference Holders Rarely Qualify as “Persons Aggrieved”
The Insolvency and Bankruptcy Code, 2016 (IBC) marked a paradigm shift in India’s insolvency framework by introducing a creditor-centric, time-bound ...
![Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/250x150_2112302-absence-sanction-letter-rbi-guideline-invalidate-financial-debt-nclat-nclt-order-against-nbfc-taxscan.webp "Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]")
GST Return Filing u/s 16(5) Timeline Makes S 16(4) Time Bar Lose Significance: Kerala HC Orders Reconsideration of ITC Claim [Read Order]
The Kerala High Court in a recent case has ruled that the statutory timeline introduced under Section 16(5) of the CentralGoods and Services Tax Act (CGST) overrides the earlier time restriction...
![GST Return Filing u/s 16(5) Timeline Makes S 16(4) Time Bar Lose Significance: Kerala HC Orders Reconsideration of ITC Claim [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112776-gst-return-filing-timeline-time-bar-lose-significance-kerala-hc-orders-reconsideration-itc-claim-taxscan.webp "GST Return Filing u/s 16(5) Timeline Makes S 16(4) Time Bar Lose Significance: Kerala HC Orders Reconsideration of ITC Claim [Read Order]")
GST Portal Glitches Blocking TRAN‑1 Filing cannot Defeat Transitional ITC Claim: Delhi HC Orders ₹99 Lakh Credit to be Reflected in ECL [Read Order]
The Delhi High Court held that transitional Central Value Added Tax ( CENVAT ) credit cannot be denied merely because the Goods and Service Tax ( GST ) portal did not permit TRAN‑1 filing by Input...
![GST Portal Glitches Blocking TRAN‑1 Filing cannot Defeat Transitional ITC Claim: Delhi HC Orders ₹99 Lakh Credit to be Reflected in ECL [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112731-delhi-hc-gst-portal-blocking-tran1-filing-ecl-defeat-transitional-itc-claim-taxscan.webp "GST Portal Glitches Blocking TRAN‑1 Filing cannot Defeat Transitional ITC Claim: Delhi HC Orders ₹99 Lakh Credit to be Reflected in ECL [Read Order]")
AC‑DC & DC‑DC Power Modules Qualify as Static Converters: CAAR Grants Nil BCD Benefit for Telecom Equipment in Favour of Sanmina SCI [Read Order]
The Customs Authority for Advance Rulings (CAAR), Mumbai, has held that various AC‑DC and DC‑DC power modules imported by Sanmina SCI India qualify as static converters under Heading 8504 of...
![AC‑DC & DC‑DC Power Modules Qualify as Static Converters: CAAR Grants Nil BCD Benefit for Telecom Equipment in Favour of Sanmina SCI [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/500x300_2112637-acdc-dcdc-power-modules-qualify-static-converters-caar-grants-nil-bcd-benefit-telecom-equipment-favour-sanmina-sci.webp "AC‑DC & DC‑DC Power Modules Qualify as Static Converters: CAAR Grants Nil BCD Benefit for Telecom Equipment in Favour of Sanmina SCI [Read Order]")
Vesting of Assets in Official Liquidator Post‑Winding‑Up No Basis to Quash Criminal Case against Petitioner: Calcutta HC [Read Order]
The Calcutta High Court, in a recent case, dismissed a criminal revisional application seeking the quashing of proceedings under Section 482 of the Code of Criminal Procedure. It was also held that...
![Vesting of Assets in Official Liquidator Post‑Winding‑Up No Basis to Quash Criminal Case against Petitioner: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/12/500x300_2111666-vesting-assets-official-liquidator-postwindingup-no-basis-quash-criminal-case-against-petitioner-calcutta-hc-taxscan.webp "Vesting of Assets in Official Liquidator Post‑Winding‑Up No Basis to Quash Criminal Case against Petitioner: Calcutta HC [Read Order]")
Defective DIR‑12 Cannot Remove Directors: Calcutta HC Orders ROC to Reconsider After Hearing All Parties [Read Order]
The CalcuttaHigh Court has held that a defective Form DIR‑12 filed on the MCA‑21 portal cannot result in the cessation of directors, directing the Registrar ofCompanies (ROC), , to reconsider the...
![Defective DIR‑12 Cannot Remove Directors: Calcutta HC Orders ROC to Reconsider After Hearing All Parties [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/500x300_2112654-defective-dir12-cannot-remove-directors-calcutta-hc-orders-roc-reconsider-after-hearing-all-parties-taxscan.webp "Defective DIR‑12 Cannot Remove Directors: Calcutta HC Orders ROC to Reconsider After Hearing All Parties [Read Order]")
Erroneous TDS Paid under Income Tax Due to Ignorance of Earlier Deduction Cannot be Retained by Revenue: Karnataka HC [Read Order]
The Karnataka High Court has condoned the delay in a 60‑year‑old farmer’s application seeking a refund of tax deducted at source (TDS), holding that an erroneous TDS paid under the Income Tax Act...
![Erroneous TDS Paid under Income Tax Due to Ignorance of Earlier Deduction Cannot be Retained by Revenue: Karnataka HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/500x300_2112635-erroneous-tds-paid-under-income-tax-due-t-ignorance-earlier-deduction-cannot-retained-revenue-karnataka-hc-taxscan.webp "Erroneous TDS Paid under Income Tax Due to Ignorance of Earlier Deduction Cannot be Retained by Revenue: Karnataka HC [Read Order]")
Third-Party Invoicing Not Permitted Under APTA: CAAR Denies Preferential Duty Benefit to Jparks India on China Imports [Read Order]
In a detailed ruling on the scope of preferential customs duty under the Asia-Pacific Trade Agreement (APTA), the Customs Authority for Advance Rulings (CAAR), Mumbai, has held that third-party...
![Third-Party Invoicing Not Permitted Under APTA: CAAR Denies Preferential Duty Benefit to Jparks India on China Imports [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/500x300_2112633-third-party-invoicing-not-permitted-under-apta-caar-denies-preferential-duty-benefit-jparks-india-china-imports-taxscan.webp "Third-Party Invoicing Not Permitted Under APTA: CAAR Denies Preferential Duty Benefit to Jparks India on China Imports [Read Order]")