![Cash Ledger Deposits by Liquidator Amounts to Valid Payment Despite Non-Filing of GST Returns: Madras HC quashes ₹1.02 Crore Demand [Read Order]](https://images.taxscan.in/h-upload/2025/08/12/500x300_2076090-cash-ledger-deposits-cash-ledger-cash-ledger-deposits-by-liquidator-amounts-taxscan.webp "Cash Ledger Deposits by Liquidator Amounts to Valid Payment Despite Non-Filing of GST Returns: Madras HC quashes ₹1.02 Crore Demand [Read Order]")
Cash Ledger Deposits by Liquidator Amounts to Valid Payment Despite Non-Filing of GST Returns: Madras HC quashes ₹1.02 Crore Demand [Read Order]
The Madurai bench of Madras High Court, in a recent ruling, quashed a GST ( Goods and Services Tax ) demand of ₹1.02 crore raised against a company...
![Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]](https://images.taxscan.in/h-upload/2025/08/11/250x150_2075493-insolvency.webp "Company’s Financial Default Clearly Established and Above Threshold u/s 4(1) of IBC: NCLT Admits Plea for Insolvency [Read Order]")
![Logistical and Financial Difficulties Not Enough to Excuse 172-Day Delay in Refiling: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/10/250x150_2075145-logistical-and-financial-difficulties-financial-difficulties-not-enough-to-excuse-delay-in-refiling-taxscan.webp "Logistical and Financial Difficulties Not Enough to Excuse 172-Day Delay in Refiling: NCLAT [Read Order]")
![Notice sent Invoking Arbitration Agreement u/s 21 of Arbitration Act is Valid Invocation: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/08/250x150_2074375-arbitration-agreement-taxscan.webp "Notice sent Invoking Arbitration Agreement u/s 21 of Arbitration Act is Valid Invocation: Delhi HC [Read Order]")
![NCLAT Rejects Repeat Insolvency Filing: Cites Limitation Bar and Res Judicata [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/500x300_2072259-nclat-insolvency-application-default-in-insolvency-application-taxscan.webp "NCLAT Rejects Repeat Insolvency Filing: Cites Limitation Bar and Res Judicata [Read Order]")
No Valid Set-Off Based on Unauthorised Correspondence or Fit-Out Delays: NCLAT holds appellant liable to pay licence fee [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) held that the appellant is liable to pay the licence fee by observing that no valid set-off can be claimed based on ...
![No Valid Set-Off Based on Unauthorised Correspondence or Fit-Out Delays: NCLAT holds appellant liable to pay licence fee [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071420-nclat-licence-fee-payment-taxscan.webp "No Valid Set-Off Based on Unauthorised Correspondence or Fit-Out Delays: NCLAT holds appellant liable to pay licence fee [Read Order]")
NCLT Order Passed in Violation of Natural Justice: Kerala HC Allows Writ Petition Despite Remedy Under IBC [Read Order]
The Kerala High Court allowed the writ petition was filed seeking the quashing of an order passed by the National Company Law Tribunal (NCLT), Kochi Bench which was violative of natural justice...
![NCLT Order Passed in Violation of Natural Justice: Kerala HC Allows Writ Petition Despite Remedy Under IBC [Read Order]](https://images.taxscan.in/h-upload/2025/08/03/500x300_2072663-nclt-passed-in-violation-natural-justice-kerala-hc-writ-petition-despite-under-ibc-taxscan.webp "NCLT Order Passed in Violation of Natural Justice: Kerala HC Allows Writ Petition Despite Remedy Under IBC [Read Order]")
NCLAT Affirms Resolution Professional’s Right to Terminate LLA and Recover Possession During Moratorium [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) affirmed that a Resolution Professional is entitled to terminate a Leave and Licence Agreement (LLA) and initiate legal ...
![NCLAT Affirms Resolution Professional’s Right to Terminate LLA and Recover Possession During Moratorium [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071390-nclat-ibc-taxscan.webp "NCLAT Affirms Resolution Professional’s Right to Terminate LLA and Recover Possession During Moratorium [Read Order]")
Challenge against invoke and encashing Bank Guarantee during Period of moratorium u/s 14 of IBC: Chhattisgarh HC dismisses petition citing pending Arbitration Proceedings [Read Order]
The Chhattisgarh High Court dismissed the petition that challenged the invocation of encashing a Bank guarantee during the period of moratorium under Section 14 of the Insolvency and Bankruptcy Code...
![Challenge against invoke and encashing Bank Guarantee during Period of moratorium u/s 14 of IBC: Chhattisgarh HC dismisses petition citing pending Arbitration Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071855-2062761-deposit-bank-guarantee-chhattisgarh-hc-taxscan.webp "Challenge against invoke and encashing Bank Guarantee during Period of moratorium u/s 14 of IBC: Chhattisgarh HC dismisses petition citing pending Arbitration Proceedings [Read Order]")
NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]
The National Company Law Appellate Tribunal (NCLAT) dismissed an appeal filed by Mr. Rakesh Verma, the suspended director of a company under liquidation, reaffirming that once a company enters the ...
![NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/500x300_2070736-liquidation.webp "NCLAT Refuses to Interfere in Liquidation Process, Dismisses Suspended Director’s Appeal [Read Order]")