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Approval Of Resolution Plan By NCLAT Bars Continuation Of Revenue’s Service Tax Appeal CESTAT - Taxscan

Approval Of Resolution Plan By NCLAT Bars Continuation Of Revenue’s Service Tax Appeal: CESTAT [Read Order]

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench, has held that a Service Tax Appellant by the Revenue cannot continue...

NCLAT Upholds Resolution Plan Payout to GNIDA, Rejects Objections on Section 30(2) and Valuation...

No Grounds made out to Interfere with Impugned Order: NCLAT Upholds Rejection of Resolution Plan...

No Apparent Error to Interfere with Liquidation Proceedings: NCLAT Rejects Tax Claim Filed After...

NCLAT sets aside Dismissal of S. 95 IBC Pleas Filed by Canara Bank against Personal Guarantors[Read...

Guarantors Misused Moratorium to Stall SARFAESI Recovery: NCLAT Upholds Dismissal of Repeat S. 94 Petitions [Read Order]

In a recent ruling, national company law appellate tribunal (NCLAT) Delhi has dismissed the appeals, holding that the repeated section 94 petitions under the Insolvency and Bankruptcy Code (IBC) to...

Delay in Filing of Repayment Plan Not Grounds For Bankruptcy: NCLAT [Read Order]

The National Company Law Appellate Tribunal (NCLAT) held that mere delay in filing a repayment plan cannot, by itself, justify continuation of bankruptcy proceedings, especially in circumstances...

TLPL’s Insolvency No Bar To Akash’s Share Capital Increase: NCLAT Affirms Corporate Separateness [Read Order]

In a recent ruling National Company Law Tribunal (NCLAT) has held that the insolvency of Think and Learn Pvt. Ltd( TLPL) does not restrict Akash Education Services Ltd from increasing its share...

Land Claim Linked to Company in Liquidation Rejected for Want of Originals: Delhi HC Grants Two Weeks to File Documents with OL [Read Order]

The Delhi High Court has allowed an appeal filed by the appellant, granting him two weeks to submit original documents to the Official Liquidator (OL) in support of his claim over land belonging to...

NCLT Has Exclusive Jurisdiction Over Debt and Fraud, No Need for Civil Court once IBC is Invoked: Delhi HC [Read Judgment]

In a recent ruling, the Delhi High Court held that once insolvency proceedings are initiated under the Insolvency and Bankruptcy Code, 2016, the National Company Law Tribunal has exclusive...

Parallel Proceedings under Income Tax not Permissible when NCLT approves Resolution Plan: ITAT [Read Order]

In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Delhi, held that once a Resolution Plan is approved by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy...

NCLT Holds CGST Superintendent Guilty of Contempt on Account of Non‑Compliance with Refund Directions During Moratorium [Read Order]

The National Company Law Tribunal (NCLT), Indore Bench, has held that a Central Goods andServices Tax (CGST) Superintendent was guilty of contempt as he did not comply with the refund directions...