![Service Tax Demand not Part of Approved Resolution Plan fails w/o a Continuance Application: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041796-service-tax-demand-service-tax-part-of-approved-resolution-plan-taxscan.webp "Service Tax Demand not Part of Approved Resolution Plan fails w/o a Continuance Application: CESTAT [Read Order]")
Service Tax Demand not Part of Approved Resolution Plan fails w/o a Continuance Application: CESTAT [Read Order]
The Chennai Bench of the Customs, Excise And Service Tax Appellate Tribunal (CESTAT) recently reaffirmed the abatement of an appeal based on a...
![Challenge against order passed by Liquidator is Appealable under IBC : Madras HC Dismisses Writ petition [Read Order]](https://images.taxscan.in/h-upload/2025/06/04/250x150_2041195-madras-high-court-ibc-taxscan.webp "Challenge against order passed by Liquidator is Appealable under IBC : Madras HC Dismisses Writ petition [Read Order]")
![Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Disputes-Arise-Employment-Contract-Disputes-Arise-out-of-Employment-Contract-taxscan.jpg "Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]")
IBBI issues Guidelines for Insolvency Professionals to Act as Interim Resolution Professionals, Liquidators and Bankruptcy Trustees [Read Guidelines]
The Insolvency and Bankruptcy Board of India (IBBI) has renewed its efforts to lay down clear and concise procedures to be followed in by professionals by issuing the Insolvency Professionals to act...
![NCLAT Dismisses Appeal Against Auction, Citing Delay and Finality of Sale Process [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLAT-NCLAT-Dismisses-Appeal-Appeal-Against-Auction-taxscan.jpg "NCLAT Dismisses Appeal Against Auction, Citing Delay and Finality of Sale Process [Read Order]")
Income Tax Dept cannot be a Secured Creditor in Liquidation Proceedings: NCLT Disposes Canara Bank’s Application [Read Order]
The National Company Law Tribunal, Chennai bench, disposed of the application filed by the Canara Bank of India under Section 60(5) of the IBC and held that the income tax department's claim cannot...
![Income Tax Dept cannot be a Secured Creditor in Liquidation Proceedings: NCLT Disposes Canara Bank’s Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Canara-Banks-Application.jpg "Income Tax Dept cannot be a Secured Creditor in Liquidation Proceedings: NCLT Disposes Canara Bank’s Application [Read Order]")
![Supreme Court & High Courts Weekly Round-up [April 26th to May 2nd,2025]](https://www.taxscan.in/wp-content/uploads/2025/05/Supreme-Court-High-Courts-Supreme-Court-High-Courts-taxscan.jpg "Supreme Court & High Courts Weekly Round-up [April 26th to May 2nd,2025]")
NCLAT Upholds IRP Initiation Against Personal Guarantor, Finds No Violation of Natural Justice [Read Order]
The Chennai Bench of National Company Law Appellate Tribunal(NCLAT) upheld the initiation of the Insolvency Resolution Process (IRP) against the personal guarantor under Section 95 of the Insolvency...
![NCLAT Upholds IRP Initiation Against Personal Guarantor, Finds No Violation of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/IRP-site-img.jpg "NCLAT Upholds IRP Initiation Against Personal Guarantor, Finds No Violation of Natural Justice [Read Order]")
Application u/s 9 of IBC Based on Arbitral Award Cannot be Admittted After 3 Yrs from Date of Award: NCLT [Read Order]
The National Company Law Tribunal (NCLT) Mumbai bench has ruled that, in accordance with Article 137 of the Limitation Act, 1963 (Limitation Act) read with Section 238A of the Code, an application...
![Application u/s 9 of IBC Based on Arbitral Award Cannot be Admittted After 3 Yrs from Date of Award: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Arbitral-Award-IBC-NCLT-TAXSCAN.jpg "Application u/s 9 of IBC Based on Arbitral Award Cannot be Admittted After 3 Yrs from Date of Award: NCLT [Read Order]")