![Company becomes Non-Existent on completion of Liquidation Process: ITAT upholds Overriding effect of IBC over Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Company-completion-Liquidation-ITAT-IBC-Income-Tax-taxscan-2.jpeg "Company becomes Non-Existent on completion of Liquidation Process: ITAT upholds Overriding effect of IBC over Income Tax Proceedings [Read Order]")
Company becomes Non-Existent on completion of Liquidation Process: ITAT upholds Overriding effect of IBC over Income Tax Proceedings [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) while quashing the income tax proceedings, held that since the Insolvency and...
![Institution of Suit against Corporate Debtor during Moratorium is Prohibited U/S 14 of the IBC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Institution-of-Suit-Corporate-Debtor-Moratorium-IBC-ITAT-Taxscan.jpg "Institution of Suit against Corporate Debtor during Moratorium is Prohibited U/S 14 of the IBC: ITAT [Read Order]")
![Retired Partner can’t Initiate Proceedings against Other Partners under IBC for Retirement Dues: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Retired-Partner-IBC-Retirement-Dues-NCLT-Taxscan.jpg "Retired Partner can’t Initiate Proceedings against Other Partners under IBC for Retirement Dues: NCLT [Read Order]")
![Personal Guarantors of NBFC/FSC cannot be proceeded against unless Threshold of Rs. 500 cr is Satisfied, rules NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Personal-Guarantors-Guarantors-NBFC-FSC-Threshold-NCLT-Taxscan.jpg "Personal Guarantors of NBFC/FSC cannot be proceeded against unless Threshold of Rs. 500 cr is Satisfied, rules NCLT [Read Order]")
![Court of Additional Sessions Judge can’t Try Offences under IBC: Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Court-of-Additional-Sessions-Judge-Bombay-High-Court-IBC-Taxscan.jpg "Court of Additional Sessions Judge can’t Try Offences under IBC: Bombay High Court [Read Order]")
Order of Mediation along with Dishonoured Cheques does not imply an Extension of Limitation for the purposes of IBC: NCLAT [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) has ruled that Order of mediation along with dishonoured cheques does not imply an extension of limitation for the purposes of IBC. ...
![Order of Mediation along with Dishonoured Cheques does not imply an Extension of Limitation for the purposes of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Order-of-mediation-dishonoured-cheques-IBC-NCLAT.jpg "Order of Mediation along with Dishonoured Cheques does not imply an Extension of Limitation for the purposes of IBC: NCLAT [Read Order]")
![IBC doesnt apply on Co-Operative Society as it is not a Corporate Person: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/NCLT-liquidation-process-CoC-NCLT-Taxscan.jpg "IBC doesnt apply on Co-Operative Society as it is not a Corporate Person: NCLT [Read Order]")
IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 to enable filing of Complaint against Service Providers under IBC, answers Lok Sabha [Read Order]
The Lok Sabha while answering the unstarred question said that IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 to enable filing of complaint against service providers under the...
![IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 to enable filing of Complaint against Service Providers under IBC, answers Lok Sabha [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/IBBI-IBBI-Regulations-complaint-service-providers-IBC-Lok-Sabha-Taxscan.jpeg "IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 to enable filing of Complaint against Service Providers under IBC, answers Lok Sabha [Read Order]")
Kerala HC quashes NCLT Order accepting IBA Application for want of Jurisdiction post-amendment to Sec 4 [Read Judgment]
The Kerala High Court has quashed the NCLT Order accepting IBA Application for want of Jurisdiction post-amendment to Section 4. The petitioner, M/S. Tharakan Web Innovations Pvt. Ltd. is a...
![Kerala HC quashes NCLT Order accepting IBA Application for want of Jurisdiction post-amendment to Sec 4 [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/02/Kerala-High-Court-NCLT-Order-NCLT-IBA-Application-IBA-Jurisdiction-post-amendment-jurisdiction-Section-4-Taxscan.jpg "Kerala HC quashes NCLT Order accepting IBA Application for want of Jurisdiction post-amendment to Sec 4 [Read Judgment]")
Imposition of Moratorium under IBC bars initiation of proceeding under Section 138/141 of Negotiable Instruments Act: Madras HC [Read Order]
The Madras High Court has held that the Imposition Of Moratorium Under IBC bars initiation of proceeding under Section 138/141 of Negotiable Instruments Act. The petitioners, M/s. Nag Leathers...
![Imposition of Moratorium under IBC bars initiation of proceeding under Section 138/141 of Negotiable Instruments Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Imposition-Of-Moratorium-IBC-bars-proceeding-Negotiable-Instruments-Act-Madras-High-Court-Taxscan.jpeg "Imposition of Moratorium under IBC bars initiation of proceeding under Section 138/141 of Negotiable Instruments Act: Madras HC [Read Order]")
Income Tax Department can’t carry out any Assessment of Corporate Debtor for the Period Covered by the Resolution Plan: Telangana HC [Read Judgment]
The Telangana High Court has held that the income tax department cannot carry out any assessment of Corporate Debtors for the Period Covered By the Resolution Plan. The petitioner, Sirpur Paper...
![Income Tax Department can’t carry out any Assessment of Corporate Debtor for the Period Covered by the Resolution Plan: Telangana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/01/Corporate-Debtor-Telangana-HC.jpg "Income Tax Department can’t carry out any Assessment of Corporate Debtor for the Period Covered by the Resolution Plan: Telangana HC [Read Judgment]")
MCA invites Public Comments on proposed changes to Corporate Insolvency Resolution and Liquidation Framework under IBC
The Ministry of Corporate Affairs has invited the Public Comments on proposed changes to Corporate Insolvency Resolution and Liquidation Framework under Insolvency and Bankruptcy Code. Based...
