![RP not Entitled to Fees Beyond Sum already Received Since Insolvency Proceedings was Withdrawn: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/RP-Entitled-Sum-Received-Since-Insolvency-Withdrawn-NCLAT-TAXSCAN.jpg "RP not Entitled to Fees Beyond Sum already Received Since Insolvency Proceedings was Withdrawn: NCLAT [Read Order]")
RP not Entitled to Fees Beyond Sum already Received Since Insolvency Proceedings was Withdrawn: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal( NCLAT ) held that Resolution Professional(RP)is not entitled to fees beyond...
![Non-Consideration of Objection from Allottee of Land: NCLAT directs to Approve Resolution Plan after giving Opportunity to File Objection [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Non-Consideration-Objection-from-Allottee-of-Land-NCLAT-TAXSCAN.jpg "Non-Consideration of Objection from Allottee of Land: NCLAT directs to Approve Resolution Plan after giving Opportunity to File Objection [Read Order]")
Guarantor shall pay off Debt on Default of Payment to Financial Creditor IL&FS: NCLAT upholds Order of Liquidation [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) recently held that the guarantor is obligated to pay off the dues of the Corporate Debtor, Infrastructure Leasing &...
![Guarantor shall pay off Debt on Default of Payment to Financial Creditor IL&FS: NCLAT upholds Order of Liquidation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Debt-Payment-Financial-Creditor-ILFS-NCLAT-Liquidation-taxscan.jpg "Guarantor shall pay off Debt on Default of Payment to Financial Creditor IL&FS: NCLAT upholds Order of Liquidation [Read Order]")
![Default Debt includes Principal and Interest on delayed payment: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Default-debt-interest-payment-NCLAT-taxscan.jpg "Default Debt includes Principal and Interest on delayed payment: NCLAT [Read Order]")
NCLAT sets aside Order Admitting Application filed under Section 7 without fulfilling the Threshold of 1 cr [Read Order]
The New Delhi bench of National Company Law Appellate Tribunal has set asides the order admitting application filed under Section 7 without fulfilling the threshold of 1Cr The respondent Narayan...
![NCLAT sets aside Order Admitting Application filed under Section 7 without fulfilling the Threshold of 1 cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/NCLAT-Order-Application-taxscan.jpg "NCLAT sets aside Order Admitting Application filed under Section 7 without fulfilling the Threshold of 1 cr [Read Order]")
Limitation Act applicable on Arbitration Proceedings initiated under MSMED Act: Supreme Court [Read Judgment]
The Supreme Court held that the Limitation Act applicable on Arbitration Proceedings initiated under Micro, Small and Medium Enterprises Development Act, 2006 (MSMED). The respondent, Kerala...
MODVAT Credit not allowable as Deduction u/s 43B of Income Tax Act: Supreme Court [Read Judgment]
The Supreme Court in the case of Maruti Suzuki India Ltd v CIT has held that MODVAT credit does not qualify as ‘any sum payable by the assessee by way of tax, duty, cess or fee’ u/s 43B of the Central...
![MODVAT Credit not allowable as Deduction u/s 43B of Income Tax Act: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/MODVAT-Credit-MODVAT-Scheme-Income-Tax-Act-Supreme-Court-Taxscan.jpg "MODVAT Credit not allowable as Deduction u/s 43B of Income Tax Act: Supreme Court [Read Judgment]")