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![Commercial Tax Dept is Secured Creditor under IBC: Madras HC Directs Auction Purchaser to Recover Purchase Price from CD and Remit for VAT Dues [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2079014-commercial-tax-dept-secured-creditor-ibc-madras-hc-auction-taxscan.webp "Commercial Tax Dept is Secured Creditor under IBC: Madras HC Directs Auction Purchaser to Recover Purchase Price from CD and Remit for VAT Dues [Read Order]")
Commercial Tax Dept is Secured Creditor under IBC: Madras HC Directs Auction Purchaser to Recover Purchase Price from CD and Remit for VAT Dues [Read Order]
In an important, the Madras High Court has held that the Commercial Tax Department qualifies as a ‘secured creditor’ under the Insolvency and...
![State Cannot Blacklist a Company After Approval of Resolution Plan: Tripura HC rules New Management Cannot Be Punished for Old Misdeeds [Read Order]](https://images.taxscan.in/h-upload/2025/08/16/250x150_2077485-resolution-plan-taxscan.webp "State Cannot Blacklist a Company After Approval of Resolution Plan: Tripura HC rules New Management Cannot Be Punished for Old Misdeeds [Read Order]")
![Permitting Repeated Invitation of EOI (Form G) merely on behest of Individual Stakeholder Will Defeat Timeliness under IBC: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071932-nclt-taxscan.webp "Permitting Repeated Invitation of EOI (Form G) merely on behest of Individual Stakeholder Will Defeat Timeliness under IBC: NCLT [Read Order]")
![S.95 IBC Plea Found Within Limitation Due to Debt Acknowledgment: Supreme Court Upholds NCLAT Ruling [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/250x150_2067018-ibc-nclat-nclat-ruling-taxscan.webp "S.95 IBC Plea Found Within Limitation Due to Debt Acknowledgment: Supreme Court Upholds NCLAT Ruling [Read Order]")
![MCA Orders Strike-Off of Company for Failing to File Declaration of Commencement of Business Under Section 10A [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/250x150_2065686-mca-mca-orders-mca-orders-strike-off-of-company-company-for-failing-to-file-declaration-taxscan.webp "MCA Orders Strike-Off of Company for Failing to File Declaration of Commencement of Business Under Section 10A [Read Order]")
NCLAT Dismisses ED’s Appeal as Time-Barred: Limitation Begins from Date of Order, Not Knowledge [Read Order]
Limitation Begins on Date of Order: NCLAT Dismisses ED’s Appeal as Time-BarredThe National Company Law Appellate Tribunal (NCLAT) has dismissed the Directorate of Enforcement’s (ED) appeal ...
![NCLAT Dismisses ED’s Appeal as Time-Barred: Limitation Begins from Date of Order, Not Knowledge [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063220-nclat-dismisses-eds-appeal-time-barred-limitation-begins-order-knowledge-taxscan.jfif "NCLAT Dismisses ED’s Appeal as Time-Barred: Limitation Begins from Date of Order, Not Knowledge [Read Order]")
![What Roles Do NCLT and NCLAT Play Under the Companies Act, 2013? [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/500x300_2053050-what-roles-do-nclt-and-nclat-nclt-nclat-play-under-the-companies-act-20213-taxscan.webp "What Roles Do NCLT and NCLAT Play Under the Companies Act, 2013? [Read Order]")
![NCLAT Upholds Eviction of Hotel Operator from Hotel Property Post Resolution Plan [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/500x300_2051997-nclat-nclat-upholds-eviction-of-hotel-operator-hotel-operator-from-hotel-property-taxscan.webp "NCLAT Upholds Eviction of Hotel Operator from Hotel Property Post Resolution Plan [Read Order]")
Supreme Court Quahses Enforcement of Arbitral Award For Claims Not Included in IBC Resolution Plan [Read Judgement]
The Supreme Court quashed an arbitral award passed by the Micro and Small Enterprises Facilitation Council (MSEFC) against Electrosteel Steels Ltd., holding that the award was non-executable in view...
![Supreme Court Quahses Enforcement of Arbitral Award For Claims Not Included in IBC Resolution Plan [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/04/Supreme-Court-Quahses-Enforcement-Arbitral-Award-Claims-Included-IBC-Resolution-Plan-TAXSCAN.jpg "Supreme Court Quahses Enforcement of Arbitral Award For Claims Not Included in IBC Resolution Plan [Read Judgement]")
Disallowance of Depreciation on Goodwill: ITAT Upholds Claim as Intangible Asset Eligible u/s 32 [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal(ITAT) upheld the depreciation claim on goodwill, affirming it as an intangible asset eligible under Section 32 of Income Tax Act,1961. The...
![Disallowance of Depreciation on Goodwill: ITAT Upholds Claim as Intangible Asset Eligible u/s 32 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ruling-Depreciation-on-goodwill-Goodwill-as-intangible-asset-taxscan-.jpg "Disallowance of Depreciation on Goodwill: ITAT Upholds Claim as Intangible Asset Eligible u/s 32 [Read Order]")