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![Madras HC Quashes ₹34.5 Lakh MSME Award: CIRP Moratorium and Approved Resolution Plan Extinguishes Creditor’s Claim [Read Order]](https://images.taxscan.in/h-upload/2026/03/10/2128651-madras-hc-quashes-msme-award-cirp-moratorium-approved-resolution-plan-extinguishes-claim-.webp "Madras HC Quashes ₹34.5 Lakh MSME Award: CIRP Moratorium and Approved Resolution Plan Extinguishes Creditor’s Claim [Read Order]")
Madras HC Quashes ₹34.5 Lakh MSME Award: CIRP Moratorium and Approved Resolution Plan Extinguishes Creditor’s Claim [Read Order]
In a recent ruling, the Madras High Court has set aside the enforcement of a ₹34.5 lakh MSME holding that the claim stood extinguished once the...
![Assembling Parts Does Not Qualify as Manufacturing for MSME Benefits: Calcutta HC Upheld Panorama Electronics Tender Rejection [Read Order]](https://images.taxscan.in/h-upload/2026/02/15/2125200-assembling-parts-qualify-as-manufacturing-msme-benefits-calcutta-hc-panorama-electronics-tender-rejection-taxscan.webp "Assembling Parts Does Not Qualify as Manufacturing for MSME Benefits: Calcutta HC Upheld Panorama Electronics Tender Rejection [Read Order]")
Unpaid MSME Dues Need Not Be Separately Disclosed Pre-2021: ICAI holds CA Not Guilty of Misconduct [Read Order]
The Institute of Chartered Accountants of India ( ICAI ) has held that there was no statutory requirement prior to 1 April 2021 to separately disclose disputed unpaid Micro, Small and Medium...
![Unpaid MSME Dues Need Not Be Separately Disclosed Pre-2021: ICAI holds CA Not Guilty of Misconduct [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/2118177-msme-dues-need-separately-disclosed-pre-2021-icai-ca-guilty-misconduct-taxscan.webp "Unpaid MSME Dues Need Not Be Separately Disclosed Pre-2021: ICAI holds CA Not Guilty of Misconduct [Read Order]")
Corporate Insolvency Process initiated against the Damara Gold Over ₹39 Crore Default: NCLT Admits PNB's Insolvency Plea [Read Order]
The Mumbai Bench of National Company Law Tribunal (NCLT) admitted PNB’s Section 7 application against the Respondent for default exceeding ₹39 crore, arising mainly from invocation of bank...
![Corporate Insolvency Process initiated against the Damara Gold Over ₹39 Crore Default: NCLT Admits PNBs Insolvency Plea [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/2118053-corporate-insolvency-process-initiated-against-damara-gold-taxscan.jfif "Corporate Insolvency Process initiated against the Damara Gold Over ₹39 Crore Default: NCLT Admits PNBs Insolvency Plea [Read Order]")
![Boost for MSMEs: DGFT Introduces Collateral Support to Ease Access to Export Credit [Read Notification]](https://images.taxscan.in/h-upload/2026/01/07/2117560-boost-for-msme-taxscan.jfif "Boost for MSMEs: DGFT Introduces Collateral Support to Ease Access to Export Credit [Read Notification]")
PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT Considers Section 7 Plea [Read Order]
The Allahabad Bench of National Company Law Tribunal (NCLT) moved Punjab National Bank (PNB) to initiate CIRP Proceedings under section 7 against Rice Mills (Corporate Debtor) for a ₹74.35 crore...
![PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT Considers Section 7 Plea [Read Order]](https://images.taxscan.in/h-upload/2025/12/31/2116289-pnb-seeks-insolvency-resolution-against-rice-mills-taxscan.jfif "PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT Considers Section 7 Plea [Read Order]")
