Central Govt notifies Exceptions for Corporate Debtor u/s 14(1) of IBC [Read Notification]
The Central Government notified exceptions for Corporate Debtor under Section 14(1) of Insolvency and Bankruptcy Code, 2016 (IBC). A corporate...
![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")
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...
Failure to file Avoidance Application by duty delegated person: IBBI Warns Insolvency Professional for Irresponsible Act
The Insolvency and Bankruptcy Board of India (IBBI) instructed IP Monitoring Division to keep his name on a continuous watch list for irresponsible behaviour and to further investigate his case for a...
![Provisions of IBC Overrides All Acts Including Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/IBC-Acts-Income-Tax-Act-ITAT-TAXSCAN.jpg "Provisions of IBC Overrides All Acts Including Income Tax Act: ITAT [Read Order]")