Solony Padhi
![Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2126995-demand-notice-issued-sarfaesi-constitute-valid-invocation-personal-guarantee-nclat-upholds-insolvency-resolution-proceedings-taxscan.webp "Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]")
Demand Notice Issued u/s 13 of SARFAESI Constitute Valid Invocation of Personal Guarantee: NCLAT Upholds Insolvency Resolution Proceedings [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has upheld the initiation of insolvency resolution proceedings against the personal guarantor by...
![Provident Fund Claims Raised During Moratorium Unsustainable: NCLAT Rejects EPFO’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126850-provident-fund-claims-nclat-rejects-epfos-appeal.webp "Provident Fund Claims Raised During Moratorium Unsustainable: NCLAT Rejects EPFO’s Appeal [Read Order]")
![Unilateral Accounting Adjustments cannot Revive ₹1.4 Crore Operational Debt beyond Limitation: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126848-unilateral-accounting-adjustments-operational-debt-beyond-limitation-taxscan.webp "Unilateral Accounting Adjustments cannot Revive ₹1.4 Crore Operational Debt beyond Limitation: NCLAT [Read Order]")
![NCLT Fails to Consider Balance Sheet Debt Acknowledgments and COVID Limitation Relief: NCLAT Restores UCO Bank’s Insolvency Proceedings [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126858-nclt-fails-to-consider-balance-sheet-debt-acknowledgmentsjpg.webp "NCLT Fails to Consider Balance Sheet Debt Acknowledgments and COVID Limitation Relief: NCLAT Restores UCO Bank’s Insolvency Proceedings [Read Order]")
![Liquidator Can Evict Subsidiaries Occupying Corporate Debtor’s Assets: NCLAT Dismisses Appeal u/s 60(5) IBC [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126861-liquidator-can-evict-subsidiaries-occupying-corporate-nclat-ibc.webp "Liquidator Can Evict Subsidiaries Occupying Corporate Debtor’s Assets: NCLAT Dismisses Appeal u/s 60(5) IBC [Read Order]")
![Absence Of CHALR Violations In SCN: CESTAT Sets Aside Customs Penalties u/s 112 [Read Order]](https://images.taxscan.in/h-upload/2026/02/23/2126803-absence-of-chalr-violationsjpg.webp "Absence Of CHALR Violations In SCN: CESTAT Sets Aside Customs Penalties u/s 112 [Read Order]")
CESTAT Scales Down Penalties Up To ₹14 Lakh After Rejecting Uniform Penalty Approach On Invoice Transactions [Read Order]
CEATAT penalties under excise law must be proportionate and based on individual culpability, not imposed mechanically on all co notices by dealers. The Customs, Excise, and Service Tax...
![CESTAT Scales Down Penalties Up To ₹14 Lakh After Rejecting Uniform Penalty Approach On Invoice Transactions [Read Order]](https://images.taxscan.in/h-upload/2026/02/23/2126798-uniform-penalty-approach-on-invoice-transactions-taxscan.webp "CESTAT Scales Down Penalties Up To ₹14 Lakh After Rejecting Uniform Penalty Approach On Invoice Transactions [Read Order]")
Customs Penalty Remains Unsustainable u/s 112 without Examination and Cross-Examination Of Statements: CESTAT [Read Order]
The CESTAT set aside the customs penalty imposed under Section 112(a)(i) of the Customs Act, 1962 on the grounds that the reliance placed solely on the statements recorded under Section 108 which...
![Customs Penalty Remains Unsustainable u/s 112 without Examination and Cross-Examination Of Statements: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/23/2126794-customs-penalty-examination-of-statements-cestat.webp "Customs Penalty Remains Unsustainable u/s 112 without Examination and Cross-Examination Of Statements: CESTAT [Read Order]")
Absence of Knowledge of Smuggling: CESTAT Quashes Vehicle Confiscation and Penalty u/s 117 [Read Order]
The Customs, Excise, and ServiceTax Appellate Tribunal (CESTAT), New Delhi Principal Bench has set aside the confiscation of a vehicle under Section 115 and the penalty imposed under Section 117 of...
![Absence of Knowledge of Smuggling: CESTAT Quashes Vehicle Confiscation and Penalty u/s 117 [Read Order]](https://images.taxscan.in/h-upload/2026/02/23/2126789-absence-of-knowledge-of-smugglingjpg.webp "Absence of Knowledge of Smuggling: CESTAT Quashes Vehicle Confiscation and Penalty u/s 117 [Read Order]")
Unverified Statements u/s 108 Cannot Sustain Customs Penalty: CESTAT Quashes ₹50 Lakh Penalty [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi Bench, has set aside a penalty of ₹50 lakh under the Customs Act 1962, holding that penalties cannot be sustained on the...
![Unverified Statements u/s 108 Cannot Sustain Customs Penalty: CESTAT Quashes ₹50 Lakh Penalty [Read Order]](https://images.taxscan.in/h-upload/2026/02/23/2126792-unverified-statementsjpg.webp "Unverified Statements u/s 108 Cannot Sustain Customs Penalty: CESTAT Quashes ₹50 Lakh Penalty [Read Order]")
ATF Supplied To Foreign-Going Aircraft Through Warehouses Eligible For Excise Exemption: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that Aviation Turbine Fuel (ATF) supplied to foreign going aircraft continues to be eligible for...
![ATF Supplied To Foreign-Going Aircraft Through Warehouses Eligible For Excise Exemption: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/21/2126640-cestat-new-delhi-atf-aircraft-warehouses-excise-exemption-atf-exemption-foreign-going-aircraft-aviation-fuel-taxscan.webp "ATF Supplied To Foreign-Going Aircraft Through Warehouses Eligible For Excise Exemption: CESTAT [Read Order]")
Construction Of Public Parking And Government School Not Commercial Activity: CESTAT Allows Service Tax Refund To RIDCOR Under Section 102 [Read Order]
TheCustoms, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that the construction of public parking spaces and a government residential school does not amount to a commercial activity. ...
![Construction Of Public Parking And Government School Not Commercial Activity: CESTAT Allows Service Tax Refund To RIDCOR Under Section 102 [Read Order]](https://images.taxscan.in/h-upload/2026/02/21/2126632-commercial-activityjpg.webp "Construction Of Public Parking And Government School Not Commercial Activity: CESTAT Allows Service Tax Refund To RIDCOR Under Section 102 [Read Order]")