Changes by IBBI in Voting on Bids for Bankrupt Companies under IBC
The Insolvency and Bankruptcy Board of India (IBBI) proposed changes in Voting on bids for Bunkrupt Companies under the Insolvency and Bankruptcy...
![Suit or Proceeding cannot be Continued Against Corporate Debtor until Conclusion of Proceedings Under IBC 2016: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Suit-Proceeding-Suit-or-Proceeding-Corporate-Debtor-Proceedings-Under-IBC-2016-IBC-2016-IBC-ITAT-Income-Tax-taxscan.jpg "Suit or Proceeding cannot be Continued Against Corporate Debtor until Conclusion of Proceedings Under IBC 2016: ITAT [Read Order]")
![Resolution plan Not Approvable due to non-compliance of provisions under Section 29A(G) read with Section 240 A of the IBC: NCLAT [Read Order]Â Â Â Â Â Â](https://www.taxscan.in/wp-content/uploads/2023/06/non-compliance-of-provisions-Resolution-plan-IBC-NCLAT-taxscan-.jpg "Resolution plan Not Approvable due to non-compliance of provisions under Section 29A(G) read with Section 240 A of the IBC: NCLAT [Read Order]Â Â Â Â Â Â")
Failure of IP to Represent CD for Conveying Interest is Violative of S. 25(2)(b) of IBC: IBBI [Read Order]
The Disciplinary Committee (DC) of the Insolvency and Bankruptcy Board of India (IBBI) held that failure of the Insolvency Professional (IP) to represent the Corporate Debtor (CD) for conveying...
Non-Payment of Amount Due to Bank is Default under S. 3(12) of IBC: SC Dismisses Appeal [Read Judgement]
The Supreme Court viewed the non-payment of the amount due to the bank as a default under Section 3(12) of the Insolvency and Bankruptcy Code, 2016 (IBC)and dismissed the appeal. The respondent...
![Dissolved Company Exempted from Income Tax Assessment Proceedings u/s 54(2) of IBC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Dissolved-Company-Income-Tax-Income-Tax-Assessment-Proceedings-IBC-ITAT-taxscan.jpg "Dissolved Company Exempted from Income Tax Assessment Proceedings u/s 54(2) of IBC: ITAT [Read Order]")
![Income Tax Appeal Filed after Moratorium Period as per IBC is not Maintainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Income-Tax-Appeal-Income-Tax-Appeal-Income-Tax-Appeal-Filed-after-Moratorium-Period-Income-Tax-Appeal-Filed-Moratorium-Period-IBC-Maintainable-ITAT-taxscan.jpg "Income Tax Appeal Filed after Moratorium Period as per IBC is not Maintainable: ITAT [Read Order]")
Date of Filing Application is determined u/s 95 of IBC and not when the Application is Numbered : NCLAT
The Chennai National Company Law Appellate Tribunal (NCLAT) consisted of Justice M. Venugopal and Shreesha Merla (Technical) stated that the `Date of Filing’ of the ‘Application’, under Section 95 of...
