Telangana HC allows amalgamated company to file Income Tax Returns Manually in absence of order of Condonation of Delay by competent authority
A Division Bench of Telangana High Court quashed the order of the income tax authority disallowing the petitioner’s request to file returns manually ...
![Disallowance of Availment of Cenvat credit of Service Tax: CESTAT directs to follow NCLT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Disallowance-Cenvat-credit-Service-Tax-CESTAT-NCLT-Order-TAXSCAN.jpg "Disallowance of Availment of Cenvat credit of Service Tax: CESTAT directs to follow NCLT Order [Read Order]")
![Claims or Claim of any Debts cannot be recovered from Corporate Debtor Accruing Prior to Transfer Date: CESTAT Reiterates SC Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Claims-Claim-Debts-Corporate-Debtor-Transfer-Date-CESTAT-Supreme-Court-Decision-Taxscan.jpg "Claims or Claim of any Debts cannot be recovered from Corporate Debtor Accruing Prior to Transfer Date: CESTAT Reiterates SC Decision [Read Order]")
‘Operational Creditors’ can claim only Money that is payable as per Section 53 of IBC: NCLT [Read Order]
The Delhi Bench of the National Company Law Tribunal (NCLT) while considering a bunch of appeals has held that ‘Operational Creditors’ can claim only the money that is payable as per Section 53 of...
![‘Operational Creditors’ can claim only Money that is payable as per Section 53 of IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Operational-Creditors-can-claim-only-Money-that-is-payable-IBC-NCLT-TAXSCAN.jpg "‘Operational Creditors’ can claim only Money that is payable as per Section 53 of IBC: NCLT [Read Order]")
Empee Distilleries Ltd withdraws Writ Petition at Madras HC for quashing Demand Order in view of Resolution Plan [Read Order]
A Single Bench of the Madras High Court has recently allowed the withdrawal request of the Empee Distilleries Limited in the Writ of Declaration (quo warranto) filed in order to declare the demand...
![Empee Distilleries Ltd withdraws Writ Petition at Madras HC for quashing Demand Order in view of Resolution Plan [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Empee-Distilleries-Ltd-Writ-Petition-Bombay-HC-demand-Resolution-Plan-taxscan.jpg "Empee Distilleries Ltd withdraws Writ Petition at Madras HC for quashing Demand Order in view of Resolution Plan [Read Order]")
No Requirement of Consent of Secured Creditors for Amalgamation when Net Worth of Transferor and Transferee is highly positive: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal (NCLAT), ruled that No requirement of consent of secured creditors for Amalgamation when Net Worth of transferor and transferee is...
![No Requirement of Consent of Secured Creditors for Amalgamation when Net Worth of Transferor and Transferee is highly positive: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Consent-of-Secured-Creditors-Amalgamation-Transferor-Net-Worth-of-Transferor-Transferee-NCLAT-taxscan.jpg "No Requirement of Consent of Secured Creditors for Amalgamation when Net Worth of Transferor and Transferee is highly positive: NCLAT [Read Order]")
Reappointment is not a Vested Right: Gujarat HC denies to Compel Expedition of Appointment of Judicial Member of NCLT [Read Order]
A Division Bench of the Gujarat HC has recently denied to compel the expeditious appointment of Manorama Kumari as the Judicial Member pursuant to the willingness shown in being reappointed at the...
![Reappointment is not a Vested Right: Gujarat HC denies to Compel Expedition of Appointment of Judicial Member of NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Reappointment-Vested-Right-Gujarat-HC-Expedition-of-Appointment-of-Judicial-Member-of-NCLT-TAXSCAN.jpg "Reappointment is not a Vested Right: Gujarat HC denies to Compel Expedition of Appointment of Judicial Member of NCLT [Read Order]")
Adjudicating Authority obligated to initiate the ' Liquidation Process’ u/s 33(1) of the I&B Code when ‘Committee of Creditors’ rejected the resolution plan: NCLT
The Chennai Bench of the National Company Law Tribunal (NCLT) has held that Adjudicating Authority is obligated to initiate the ' Liquidation Process’ u/s 33(1) of the I&B Code when ‘Committee of...
