Begin typing your search above and press return to search.
Treatment of GST dues after Insolvency Proceedings: GST Council hints at Amendment of Rule 161 CGST and Form DRC-25
The 48th GST Council met today under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman via virtual mode...
![NCLT rejects Amazons intervention application on Insolvency proceeding against Future Retail Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/NCLT-Amazons-intervention-application-insolvency-proceeding-Future-Retail-Ltd-taxscan.jpg "NCLT rejects Amazons intervention application on Insolvency proceeding against Future Retail Ltd [Read Order]")
![Govt. extends suspension of Fresh Proceedings under IBC Law for 3 months [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/Insolvency-Bankruptancy-IBC-suspension-Taxscan.jpg "Govt. extends suspension of Fresh Proceedings under IBC Law for 3 months [Read Notification]")
![NCLT initiates Bankruptcy proceedings against Anil Ambani for Rs 1,200 Crore Defaults of RCom, RTIL [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/NCLT-insolvency-proceedings-Anil-Ambani-Taxscan.jpg "NCLT initiates Bankruptcy proceedings against Anil Ambani for Rs 1,200 Crore Defaults of RCom, RTIL [Read Order]")
![Govt.’s Notification to Increase Threshold Limit from INR 1 Lakh to INR 1 Crore for initiating Insolvency Proceedings has Prospective Effect: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/NCLT-Taxscan.jpg "Govt.’s Notification to Increase Threshold Limit from INR 1 Lakh to INR 1 Crore for initiating Insolvency Proceedings has Prospective Effect: NCLT [Read Order]")
Finance Ministry suspends Fresh Initiation of Insolvency Proceedings up to One Year, Debts incurred due to COVID-19 not 'Default' for IBC
The Ministry of Finance has suspended the fresh initiation of insolvency proceedings up to one year depending upon the COVID-19 pandemic situation. The Minister for Finance and Corporate Affairs said...
![NCLAT releases Flipkart India from Corporate Insolvency Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Flipkart-India-Insolvency-Proceedings-NCLAT-Taxscan.jpg "NCLAT releases Flipkart India from Corporate Insolvency Proceedings [Read Order]")
![IBBI: Govt. notifies Procedures for Home Buyers under Insolvency Proceedings [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/05/IBBI-Taxscan.jpg "IBBI: Govt. notifies Procedures for Home Buyers under Insolvency Proceedings [Read Notification]")