Sandhra Suresh
Bank Credit Decisions Key to MSME Subsidy Flow: Govt Explains Pending Cases Under PMEGP
The Government of India has clarified that the flow of subsidies under the Prime Minister’s Employment Generation Programme (PMEGP) is intrinsically...
![Recovery Beyond 20% of Disputed IT Demand Held Unfair During Appeal Stage: Calcutta HC Orders Refund [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113458-calcutta-hc-vat-refund-taxscan.webp "Recovery Beyond 20% of Disputed IT Demand Held Unfair During Appeal Stage: Calcutta HC Orders Refund [Read Order]")
![Failure to Supply Certificate and Consider Delay Vitiates OPDR Proceedings: Orissa HC Quashes ₹40.49‑Crore Electricity Duty Recovery [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113353-failure-supply-certificate-consider-delay-vitiates-opdr-proceedings-orissa-hc-quashes-4049crore-electricity-duty-recovery-taxscan.webp "Failure to Supply Certificate and Consider Delay Vitiates OPDR Proceedings: Orissa HC Quashes ₹40.49‑Crore Electricity Duty Recovery [Read Order]")
![ROC Imposes Penalty for Dividend Account Non‑Compliance [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113354-roc-imposes-penalty-dividend-account-non-compliance-taxscan.webp "ROC Imposes Penalty for Dividend Account Non‑Compliance [Read Order]")
![ROC Penalises Company and Directors Over Woman Director Appointment Delay [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113346-roc-penalises-company-and-directors-taxscan.jfif "ROC Penalises Company and Directors Over Woman Director Appointment Delay [Read Order]")
Calcutta HC Finds Prima Facie PMLA Violations, allows ED to Attach and Freeze Assets, Directs Committee to Share Property List [Read Order]
The Calcutta High Court, in a recent ruling, has passed an order in proceedings relating to the Prayag Group of Companies, finding prima facie violations under the Prevention of Money Laundering...
![Calcutta HC Finds Prima Facie PMLA Violations, allows ED to Attach and Freeze Assets, Directs Committee to Share Property List [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113356-calcutta-hc-pmla-violations-ed-share-property-list-enforcement-directorate-taxscan.webp "Calcutta HC Finds Prima Facie PMLA Violations, allows ED to Attach and Freeze Assets, Directs Committee to Share Property List [Read Order]")
![Former Director Cannot be Forced to Represent Company in PMLA Case: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113342-former-director-cannot-forced-represent-company-pmla-case-calcutta-hc-taxscan.webp "Former Director Cannot be Forced to Represent Company in PMLA Case: Calcutta HC [Read Order]")
Schedule I of IBBI Regulations Only ‘Ordinarily’ Applies, Liquidator May Set Stricter Auction Terms: Karnataka HC Upholds EMD Forfeiture
The Karnataka High Court in a recent case has held that Schedule I of the IBBI (Liquidation Process) Regulations, 2016, applies only “ordinarily,” and does not prevent a liquidator from prescribing...
Unexplained ₹10.54 Cr Cash Withdrawals Show Intent to Defraud Under S.66 IBC: NCLAT Upholds NCLT Order Against Directors [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, in a recent case has held that the unexplained Rs 10.54 cr withdrawals demonstrated an intent to defraud creditors, attracting...
![Unexplained ₹10.54 Cr Cash Withdrawals Show Intent to Defraud Under S.66 IBC: NCLAT Upholds NCLT Order Against Directors [Read Order]](https://images.taxscan.in/h-upload/2025/12/17/500x300_2112853-cash-withdrawals-show-intent-defraud-under-nclat-nclt-order-against-directors-taxscan.webp "Unexplained ₹10.54 Cr Cash Withdrawals Show Intent to Defraud Under S.66 IBC: NCLAT Upholds NCLT Order Against Directors [Read Order]")