![Calcutta HC dismisses Petitions Challenging CESTAT Order on CENVAT Credit Reversal in Tata Steel Insolvency Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105425-calcutta-hc-dismisses-petitions-challenging-cestat-order-cenvat-credit-reversal-tata-steel-insolvency-case-txn.webp "Calcutta HC dismisses Petitions Challenging CESTAT Order on CENVAT Credit Reversal in Tata Steel Insolvency Case [Read Order]")
Calcutta HC dismisses Petitions Challenging CESTAT Order on CENVAT Credit Reversal in Tata Steel Insolvency Case [Read Order]
The Calcutta High Court has dismissed multiple writ petitions filed by Tata Steel Limited (formerly Tata Steel BSL Limited) challenging a common...
![Supreme Court agrees to Examine Plea Seeking Probe Into NCLAT Members Disclosure of Higher Judge Trying to Influence Decision [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/15/250x150_2105424-supreme-me-court-examine-plea-seeking-probe-nclat-nclat-members-taxscan.webp "Supreme Court agrees to Examine Plea Seeking Probe Into NCLAT Members Disclosure of Higher Judge Trying to Influence Decision [Read Judgement]")
![No Genuine Pre-existing Dispute Shown Over ₹18.56 Crore Operational Debt: NCLT Orders Insolvency Proceedings u/s 9 of IBC [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102850-pre-existing-dispute-operational-debt-nclt-insolvency-proceedings-taxscan-.webp "No Genuine Pre-existing Dispute Shown Over ₹18.56 Crore Operational Debt: NCLT Orders Insolvency Proceedings u/s 9 of IBC [Read Order]")
![NCLAT Upholds Denial of Access to Rejected Valuation Reports, Affirms Distinction Between CoC Members and Participants [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102703-nclat-valuation-reports-coc-members-and-participants-coc-members-taxscan.webp "NCLAT Upholds Denial of Access to Rejected Valuation Reports, Affirms Distinction Between CoC Members and Participants [Read Order]")
![Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102690-partial-loan-insolvency-plea-nclat-axis-banks-partial-loan-disbursement-taxscan.webp "Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]")
NCLAT Allows Salman Khan’s Withdrawal of ₹7.24 Crore Insolvency Plea against Jerai Fitness on Mutual Settlement [Read Order]
The National Company Law Appellate Tribunal (NCLAT) recorded the consent terms by Bollywood superstar Salman Khan and Jerai Fitness on mutual settlement. The bench allowed the withdrawal of his...
![NCLAT Allows Salman Khan’s Withdrawal of ₹7.24 Crore Insolvency Plea against Jerai Fitness on Mutual Settlement [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102506-nclat-salman-khans-withdrawal-insolvency-plea-jerai-fitness-mutual-settlement-txn.webp "NCLAT Allows Salman Khan’s Withdrawal of ₹7.24 Crore Insolvency Plea against Jerai Fitness on Mutual Settlement [Read Order]")
NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a Section 9 application filed by an Operational Creditor, thereby initiating the Corporate Insolvency Resolution Process (CIRP) ...
![NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102315-nclt-cirp-cirp-against-tirumalla-agro-industries-tirumalla-agro-industries-taxscan-.webp "NCLT Admits S. 9 Application, Initiates CIRP Against Tirumalla Agro Industries for ₹1.11 Crore Default [Read Order]")
Gujarat HC Upholds NCLT’s Power to Direct Lessee to Vacate Corporate Debtor’s Property [Read Order]
The Gujarat High Court has dismissed a writ petition challenging an order of the National Company Law Tribunal (NCLT), upholding the Tribunal's jurisdiction to direct a lessee to vacate a corporate...
![Gujarat HC Upholds NCLT’s Power to Direct Lessee to Vacate Corporate Debtor’s Property [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102349-gujarat-hc-nclt-corporate-debtor-corporate-debtors-property-taxscan.webp "Gujarat HC Upholds NCLT’s Power to Direct Lessee to Vacate Corporate Debtor’s Property [Read Order]")
NCLT Appoints Liquidator for Multicity Hospitalities LLP After CoC Votes to End Insolvency Process [Read Order]
The National Company Law Tribunal (NCLT), Principal Bench in New Delhi, has ordered the liquidation of Multicity Hospitalities LLP after the Committee of Creditors (CoC) voted to end the Corporate...
![NCLT Appoints Liquidator for Multicity Hospitalities LLP After CoC Votes to End Insolvency Process [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100719-nclt-liquidator-for-multicity-hospitalities-multicity-hospitalities-coc-votes-taxscan.webp "NCLT Appoints Liquidator for Multicity Hospitalities LLP After CoC Votes to End Insolvency Process [Read Order]")
SEBI Proposes Raising High Value Debt Listed Entity Identification Threshold to ₹5,000 Cr: Read Consultation Paper
The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing to raise the identification threshold for High Value Debt Listed Entities (HVDLEs) from ₹1,000 crore to...
![Demand Notice to Personal Guarantors Mandatory: NCLAT allows appeal of SBI [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/500x300_2100448-demand-notice-personal-guarantors-mandatory-personal-guarantors-taxscan.webp "Demand Notice to Personal Guarantors Mandatory: NCLAT allows appeal of SBI [Read Order]")
SARFAESI Act vs GST Act: Karnataka HC Rules Canara Bank's Earlier Charge Takes Priority Over Tax Authorities [Read Order]
In a recent judgment, the Karnataka High Court has held that Canara bank's charge under the SARFAESI Act takes priority over a subsequent charge created by GST authorities, emphasizing the principle...
![SARFAESI Act vs GST Act: Karnataka HC Rules Canara Banks Earlier Charge Takes Priority Over Tax Authorities [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097080-sarfaesi-act-vs-gst-act.webp "SARFAESI Act vs GST Act: Karnataka HC Rules Canara Banks Earlier Charge Takes Priority Over Tax Authorities [Read Order]")