Issuance of Form G by CoC to Grant Extension After Expiry of 300 Days to Complete CIRP Process is Valid: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal(NCLAT) in the matter of Mr Ramneek Goel has held that issuance of form G by the...
IRP has power to change the claim amount if Additional Materials Comes: Delhi NCLAT Upholds Reduction of Claim
National Company Law Appellate Tribunal (NCLAT) of Delhi composed of Justice Ashok Bhushan and Justice Barun Mitra upheld the subsequent reduction of the claim by Insolvency Resolution Professional...
Filing of IA in same proceeding, dismissed as withdrawn on request by Appellant: NCLAT denies benefit of Sec 14 Limitation Act [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT), denied benefit of Setion 14 of the Limitation Act on the ground that an Interlocutory Application (IA) was filed in the...
![Filing of IA in same proceeding, dismissed as withdrawn on request by Appellant: NCLAT denies benefit of Sec 14 Limitation Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/IA-Appellant-NCLAT-Limitation-Act-taxscan.jpg "Filing of IA in same proceeding, dismissed as withdrawn on request by Appellant: NCLAT denies benefit of Sec 14 Limitation Act [Read Order]")
Reliance Commercial Finance Ltd may revive IRP application if debt is not repaid by Corporate Debtor in 45 Days: NCLAT [Read Order]
The National Company Law Appellate Tribunal,( NCLT ) Principal Bench at New Delhi has held that no interferences can be made in the proceedings of the Adjudicating Authority and that the...
![Reliance Commercial Finance Ltd may revive IRP application if debt is not repaid by Corporate Debtor in 45 Days: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Reliance-Commercial-Finance-Ltd-IRP-Corporate-Debtor-NCLAT-taxscan.jpg "Reliance Commercial Finance Ltd may revive IRP application if debt is not repaid by Corporate Debtor in 45 Days: NCLAT [Read Order]")
When Proceedings before Adjudicating Authority are being carried out under IBC Penalty can only be imposed Companies Act, 2013: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) when proceedings before the Adjudicating Authority are being carried out under the IBC penalty can only be imposed by Companies Act, 2013. The...
![When Proceedings before Adjudicating Authority are being carried out under IBC Penalty can only be imposed Companies Act, 2013: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Adjudicating-Authority-NCLAT-IBC-Penalty-Companies-Act-Taxscan.jpg "When Proceedings before Adjudicating Authority are being carried out under IBC Penalty can only be imposed Companies Act, 2013: NCLAT [Read Order]")
Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]
The Supreme Court has directed that for installments that were due during the loan moratorium period from March 1 to August 31 last year, there should be no charging of compound interest, interest on...
![Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Supreme-Court-Compound-Interest-Penal-Interest-Borrower-Moratorium-Taxscan.jpeg "Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]")
Supreme Court transfers to itself a plea challenging Constitutional validity of Accounting Standards framed by ICAI [Read Order]
The Supreme Court transferred to itself the petitions pending before 3 High Courts namely Kerala, Madras and Calcutta High Courts challenging Constitutional validity of Accounting Standards framed by...
![Supreme Court upholds validity of imposing of GST on Lotteries & Gambling [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/casino-gambling-GST.jpeg "Supreme Court upholds validity of imposing of GST on Lotteries & Gambling [Read Judgment]")