Payment of Pre-CIRP Dues To Creditors Including Govt Dues Cannot Be Made By RP Outside Resolution Framework: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that payment of pre- Corporate Insolvency Resolution Process ( CIRP...
![Look-Back Period Cannot Be Extended Beyond 2 year Limit u/s 43(4) Of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/NCLAT-NCLAT-New-Delhi-IBC-National-Company-Law-Appellate-Tribunal-Insolvency-and-Bankruptcy-Code-Look-Back-Period-year-Limit-TAXSCAN.jpg "Look-Back Period Cannot Be Extended Beyond 2 year Limit u/s 43(4) Of IBC: NCLAT [Read Order]")
CIRP Petition can be rejected on Failure of Operational Creditors to Comply with S. 69(2) of Indian Partnership Act: NCLT [Read Order]
The Hyderabad bench of the National Company Law Tribunal ( NCLT ) dismissed a Section 9 application filed under the Insolvency and Bankruptcy Code, 2016 by Amogh Industrial Products. The Operational...
No Legal Proceedings could be Institute by CGST Dept on Property of Corporate Debtor Once Liquidated By NCLT: Himachal Pradesh HCÂ [Read Order]
The Himachal High Court in a recent case held that no legal proceedings could be instituted by tax dept on property of corporate debtors once liquidated by the National Company Law Tribunal ( NCLT )...
![No Legal Proceedings could be Institute by CGST Dept on Property of Corporate Debtor Once Liquidated By NCLT: Himachal Pradesh HCÂ [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Himachal-Pradesh-High-Court-NCLT-National-Company-Law-Tribunal-CGST-Dept-Property-of-Corporate-Debtor-taxscan.jpg "No Legal Proceedings could be Institute by CGST Dept on Property of Corporate Debtor Once Liquidated By NCLT: Himachal Pradesh HCÂ [Read Order]")
Indirect Taxes do not Supersede Orders in CIRP: Andhra Pradesh HC quashes Demand Orders Against Patanjali [Read Order]
In a recent case before Andhra Pradesh High Court the Patanjali’s liabilities under Value-added Taxes (VAT)/ Goods and Services Tax ( GST ) were nullified following the approval of Resolution Plan by...
![Indirect Taxes do not Supersede Orders in CIRP: Andhra Pradesh HC quashes Demand Orders Against Patanjali [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Andhra-Pradesh-High-Court-Andhra-Pradesh-HC-GST-Goods-and-Services-Tax-VAT-Value-added-Taxes-Indirect-Taxes-NCLT-National-Company-Law-Tribunal-CIRP-Patanjali-High-Court-news-taxscan.jpg "Indirect Taxes do not Supersede Orders in CIRP: Andhra Pradesh HC quashes Demand Orders Against Patanjali [Read Order]")
Cinema Ticket Price not Reduced after GST Rate Reduction, Profiteered Rs.54.4L: CCI Orders to Deposit Profiteered Amount with Interest [Read Order]
The Competition Commission of India ( CCI ) confirmed the violation, wherein the respondent did not lower ticket prices Post-Goods and Services Tax ( GST ) rate reduction, resulting in undue Rs. 54.4...
CIRP Moratorium Period u/s 14 of IBC excluded from limitation period for Filing Application u/s 34 of Arbitration Act: Calcutta HC [Read Order]
In a recent judgment, the Calcutta High Court ruled that the moratorium period under Section 14 of the Insolvency and Bankruptcy Code ( IBC ) during the Corporate Insolvency Resolution Process ( CIRP...
