Dispute on Contractual Conditions on Place of Delivery and Obligation on Transport of Goods is “Pre-Existing Dispute” under IBC: NCLAT
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) held that the dispute on contractual conditions on place of delivery and...
Resolution Applicant cannot Withdraw or Modify the Resolution Plan after approved by Committee of Creditors: Supreme Court [Read Judgement]
The Supreme Court viewed that resolution applicant cannot withdraw or modify the resolution plan after approved by committee of creditors. The court held that the resolution plan, as submitted by the...
'Provisional Order of Attachment' under PMLA will not Nullify Protection u/s 32A IBC: NCLT [Read Order]
The National Company Law Tribunal, Hyderabad Bench observed that 'Provisional Order of Attachment' under the Prevention of Money Laundering Act, 2002 (PMLA) will not nullify protection under Section...
Properties sold In Auction Sale Before Declaration of Moratorium not Liquidation Asset under IBC: SC [Read Judgement]
In a significant ruling the Supreme Court of India ruled that the properties sold in auction sale before declaration of moratorium not liquidation asset under the Insolvency and Bankruptcy Code (IBC)...
ITAT Dismisses Appeal by Income Tax Department as NCLT Admitted Application filed by Assessee u/s 14 of IBC [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has dismissed the appeal filed by the Income Tax department as the National Company Law Tribunal (NCLT) had admitted the application filed by...
![ITAT Dismisses Appeal by Income Tax Department as NCLT Admitted Application filed by Assessee u/s 14 of IBC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/ITAT-ITAT-Dismisses-Appeal-by-Income-Tax-Department-Income-Tax-Department-NCLT-IBC-taxscan.jpg "ITAT Dismisses Appeal by Income Tax Department as NCLT Admitted Application filed by Assessee u/s 14 of IBC [Read Order]")