Moratorium u/s 14 of IBC applies only to Corporate Debtor: Allahabad HC [Read Order]
The Allahabad High Court observed that moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 ( IBC ) applies only to Corporate...
NCLT not Empowered to Set Aside Arbitral Award passed during Moratorium Period u/s 14 of IBC: NCLT [Read Order]
The Kolkata Bench of the National Company Law Tribunal ( NCLT ) held that the NCLT is not empowered to set aside arbitral award passed during moratorium period under Section 14 of the Insolvency and...
NCLAT upholds CIRP Proceedings initiated u/s 9 of IBC against Corporate Debtor for outstanding dues to Operational Creditor [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) upheld the Corporate Insolvency Resolution Professional ( CIRP )Â proceedings initiated under Section 9 of the Indian...
NCLAT directs to Modifies Resolution Plan by compliance with provision of section 30(2)(b)(ii) of IBC [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) directed to modify the resolution plan passed by the adjudication authority by compliance with the provision of Section...
NFAC cannot Invoke Section 144B of Income Tax Act based on Failure to Lodge claim within Time Stipulated: Delhi HC [Read Order]
In a recent decision the Delhi High Court ruled that the National Faceless Assessment Centre ( NFAC ) cannot invoke Section 144B of the Income Tax Act, 1961 based on failure to lodge claim within...
![NFAC cannot Invoke Section 144B of Income Tax Act based on Failure to Lodge claim within Time Stipulated: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/NFAC-Invoke-Income-Tax-Act-Failure-to-Lodge-claim-Time-Stipulated-Delhi-HC-taxscann.jpg "NFAC cannot Invoke Section 144B of Income Tax Act based on Failure to Lodge claim within Time Stipulated: Delhi HC [Read Order]")
