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![Principal Borrower need not be Corporate Person for Insolvency Process to be initiated against Corporate Guarantor: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Principal-borrower-corporate-person-insolvency-process-Corporate-Guarantor-Supreme-Court-taxscan.jpeg "Principal Borrower need not be Corporate Person for Insolvency Process to be initiated against Corporate Guarantor: Supreme Court [Read Judgment]")
Principal Borrower need not be 'Corporate Person' for Insolvency Process to be initiated against Corporate Guarantor: Supreme Court [Read Judgment]
The Supreme Court ruled that the Insolvency Process Maintainable Against Corporate Guarantors even if the principal borrower is not a 'Corporate...
![Crisis due to non-recovery of Bank Dues a Reasonable Cause for not producing documents during Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/non-recovery-of-Bank-Dues-Assessment-ITAT-Taxscan.jpg "Crisis due to non-recovery of Bank Dues a Reasonable Cause for not producing documents during Assessment: ITAT [Read Order]")
![SC directs DRT to Transmit Rent received from Property attached to the Amrapali Account [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Anti-Profiteering-Measure-Supreme-Court-Taxscan.jpg "SC directs DRT to Transmit Rent received from Property attached to the Amrapali Account [Read Order]")
Madras HC invalidates Sales Tax dept's Attachment Order against the property purchased from assesee in goodfaith [Read Order]
The single bench of Madras High Court in a recent decision set aside the attachment order passed by the Commercial Tax Officer against the property which was subsequently purchased by the purchaser in...
