![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]")
NCLT rejects Amazon's intervention application on Insolvency proceeding against Future Retail Ltd [Read Order]
The Delhi bench of the National Company Law Tribunal (NCLT) rejected Amazon’s intervention application on insolvency proceedings against Future...
![Assessment Order framed against Non-Existing Company is void ab initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Assessment-order-void-ab-initio-ITAT-taxscan.jpg "Assessment Order framed against Non-Existing Company is void ab initio: ITAT [Read Order]")
![Income Tax Appeal not maintainable Insolvency Resolution Proceedings initiated on a Corporate Debtor: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Income-Tax-Appeal-Insolvency-Resolution-Proceedings-Corporate-Debtor-ITAT-Appeal-taxscan.jpg "Income Tax Appeal not maintainable Insolvency Resolution Proceedings initiated on a Corporate Debtor: ITAT dismisses Appeal [Read Order]")
![Income Tax proceedings against CIRP: Delhi HC stays Demand and Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-CIRP-Delhi-HC-Demand-Penalty-Taxscan.jpeg "Income Tax proceedings against CIRP: Delhi HC stays Demand and Penalty [Read Order]")
![Appeals by Assessee as well as Revenue are not Maintainable unless Liquidator amend Form 36A during Winding up Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Appeals-Assessee-Revenue-Liquidator-amend-Winding-up-ITAT-taxscan.jpeg "Appeals by Assessee as well as Revenue are not Maintainable unless Liquidator amend Form 36A during Winding up Proceedings: ITAT [Read Order]")
An Appeal under IBC is valid only if it is initiated within 30 days from Date of Order: Supreme Court [Read Order]
The Supreme Court has held that an appeal under the Insolvency and Bankruptcy Code (IBC) is valid only if it is initiated within 30 days from the date of the order by National Company Law Tribunal. ...
![An Appeal under IBC is valid only if it is initiated within 30 days from Date of Order: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Appeal-IBC-order-SC-Taxscan.jpeg "An Appeal under IBC is valid only if it is initiated within 30 days from Date of Order: Supreme Court [Read Order]")
No Continuing Insolvency Resolution Process against Personal Guarantor after his Demise: NCLT [Read Order]
The Principal Bench of National Company Law Tribunal ( NCLT ) has held that Insolvency Resolution Process against Personal Guarantor after his demise will not continue. Mr. Deepak Puri who stood...
![No Continuing Insolvency Resolution Process against Personal Guarantor after his Demise: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Insolvency-Resolution-Process-Personal-Guarantor-NCLT-TAXSCAN.jpg "No Continuing Insolvency Resolution Process against Personal Guarantor after his Demise: NCLT [Read Order]")
![Suspended Board of Directors cannot replace Resolution Professional: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Suspended-Board-of-Directors-Resolution-Professional-NCLT-taxscan.jpg "Suspended Board of Directors cannot replace Resolution Professional: NCLT [Read Order]")
![IBC doesnt apply on Co-Operative Society as it is not a Corporate Person: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/NCLT-liquidation-process-CoC-NCLT-Taxscan.jpg "IBC doesnt apply on Co-Operative Society as it is not a Corporate Person: NCLT [Read Order]")
Jurisdiction of Authorities under PMLA ceases against Properties of Corporate Debtor once Liquidation is approved: Delhi High Court [Read Judgment]
The Delhi High Court held that the jurisdiction of Authorities under PMLA ceases against the properties of Corporate Debtor once liquidation is approved under Insolvency and Bankruptcy Code. The...
![Jurisdiction of Authorities under PMLA ceases against Properties of Corporate Debtor once Liquidation is approved: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/12/Jurisdication-of-Authorities-PMLA-Ceases-Corporate-Debtor-Liquidation-Delhi-HC-Taxscan.jpg "Jurisdiction of Authorities under PMLA ceases against Properties of Corporate Debtor once Liquidation is approved: Delhi High Court [Read Judgment]")
Know the Key Changes in Life Insurance Corporation Act, 1956 come to effect from July 1st [Read Notification]
The Ministry of Finance notified that amendments in the Life Insurance Corporation Act, 1956 will be enforced from June 30, 2021. “In exercise of the powers conferred by section 128 of the Finance...
MCA sets Minimum Default threshold at Rs.10 lakh for MSME pre-pack Insolvency Resolution [Read Notification]
The Ministry of Corporate Affairs (MCA) set the minimum default threshold at Rs.10 lakh for Micro, Small, and Medium Enterprises (MSME) pre-pack insolvency resolution. Explaining the benefits of...
![MCA sets Minimum Default threshold at Rs.10 lakh for MSME pre-pack Insolvency Resolution [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/MCA-minimum-default-threshold-MSME-pre-pack-insolvency-resolution-Taxscan.jpg "MCA sets Minimum Default threshold at Rs.10 lakh for MSME pre-pack Insolvency Resolution [Read Notification]")