![Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XII]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065560-sc12.webp "Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XII]")
Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XII]
This Half Yearly Digest analytically summarises all the Supreme Court and High Court Tax Decisions in the First Half of 2025, as reported at...
![Second Demand Notice Issued u/s 8 of IBC amounts to Fresh Notice: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/250x150_2063551-notice-income-tax-act-assessee-shall-be-treated-as-void-ab-initio-void-ab-initio-itat-taxscan-1.webp "Second Demand Notice Issued u/s 8 of IBC amounts to Fresh Notice: NCLAT [Read Order]")
![NCLAT holds Investment Under Reseller Agreement Lacks ‘Financial Debt’ Ingredients and Dismisses S. 7 Plea as Abuse of CIRP Process [Read Order]](https://images.taxscan.in/h-upload/2025/07/13/250x150_2063340-nclat-investment-reseller-agreement-lacks-financial-debt-ingredients-and-dismisses-cirp-process.webp "NCLAT holds Investment Under Reseller Agreement Lacks ‘Financial Debt’ Ingredients and Dismisses S. 7 Plea as Abuse of CIRP Process [Read Order]")
![NCLAT Confirms CIRP Admission Despite OTS with Guarantors, Says Corporate Debtor Still Liable [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/250x150_2063230-nclat-confirms-cirp-admission-despite-ots-guarantors-corporate-debtor-still-liable-.webp "NCLAT Confirms CIRP Admission Despite OTS with Guarantors, Says Corporate Debtor Still Liable [Read Order]")
![NCLAT Upholds Fraud Finding Against Former Director: Orders ₹3.18 Cr Contribution for Sham Transactions [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/250x150_2062469-nclat-fraud-finding-former-director-orders-contribution-sham-transactions-taxscan.webp "NCLAT Upholds Fraud Finding Against Former Director: Orders ₹3.18 Cr Contribution for Sham Transactions [Read Order]")
NCLAT Sets Aside NCLT Order Rejecting Demerger Scheme, Noting Unjustified Valuation Objections in Closely-Held Family Entities [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has set aside an order by the National Company Law Tribunal (NCLT), which had dismissed a demerger scheme between two closely held family...
![NCLAT Sets Aside NCLT Order Rejecting Demerger Scheme, Noting Unjustified Valuation Objections in Closely-Held Family Entities [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055146-demerger.webp "NCLAT Sets Aside NCLT Order Rejecting Demerger Scheme, Noting Unjustified Valuation Objections in Closely-Held Family Entities [Read Order]")
![NCLT Has No Authority to Restrain Replacement of Liquidator in Voluntary Liquidation: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054263-liquidator.webp "NCLT Has No Authority to Restrain Replacement of Liquidator in Voluntary Liquidation: NCLAT [Read Order]")
NCLAT Sets Aside NCLT Order Dismissing Section 9 Insolvency Plea Against BGM Telecommunications: Remands Matter for Fresh Hearing [Read Order]
The Principal Bench, of the National CompanyLaw Appellate Tribunal (NCLAT), New Delhi, has set aside an order passed by the National Company Law Tribunal (NCLT), which had dismissed a Section 9 ...
![NCLAT Sets Aside NCLT Order Dismissing Section 9 Insolvency Plea Against BGM Telecommunications: Remands Matter for Fresh Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050347-telecommunications.webp "NCLAT Sets Aside NCLT Order Dismissing Section 9 Insolvency Plea Against BGM Telecommunications: Remands Matter for Fresh Hearing [Read Order]")
An allottee who has lost trust in Management is entitled to seek resolution through CIRP : NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) have upheld the admission of the application under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Pushp Ratna Realty Pvt. Ltd and...
![An allottee who has lost trust in Management is entitled to seek resolution through CIRP : NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/NCLAT-Secretary-MCA-NCLAT-directs-Secretary-MCA-to-Conduct-an-Inquiry-on-Matter-of-Parties-taxscan.jpg "An allottee who has lost trust in Management is entitled to seek resolution through CIRP : NCLAT [Read Order]")
Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that a dispute arising from an employment contract concerning the determination of emoluments and salaries to be paid to an employee of a...
![Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Disputes-Arise-Employment-Contract-Disputes-Arise-out-of-Employment-Contract-taxscan.jpg "Disputes Arise out of Employment Contract Cannot be Adjudicated by NCLT/NCLAT under IBC: NCLAT [Read Order]")
Existence of Financial Debt and Corresponding Default is a Sine Qua Non for Initiating Proceedings u/s 7 of IBC: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, upheld the adjudicating authority's ruling and dismissed a Section 7 petition under the Insolvency Bankruptcy Code...
![Existence of Financial Debt and Corresponding Default is a Sine Qua Non for Initiating Proceedings u/s 7 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Existence-of-Financial-Debt-Corresponding-Proceedings-us-7-of-IBC-NCLAT-TAXSCAN.jpg "Existence of Financial Debt and Corresponding Default is a Sine Qua Non for Initiating Proceedings u/s 7 of IBC: NCLAT [Read Order]")
