IBBI suspends Insolvency Professional for 3 months
The Insolvency and Bankruptcy Board of India (IBBI) barred insolvency professional (IP) from taking fresh assignments or rendering services for three...
![If Liquidator appointed by NCLT is already Registered as a distinct person it should continue to remain Registered till Liability Ceases: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Liquidator-NCLT-Liability-Ceases-AAR-Taxscan.jpg "If Liquidator appointed by NCLT is already Registered as a distinct person it should continue to remain Registered till Liability Ceases: AAR [Read Order]")
![No debar for Auditor under Companies Act If Fraudulent Intention is not Proved: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Auditors-Taxscan.jpg "No debar for Auditor under Companies Act If Fraudulent Intention is not Proved: NCLAT [Read Order]")
MCA notifies NCLT (Recruitment, Salary and other terms and conditions of services) Rules, 2020 [Read Notification]
The Ministry of Corporate Affairs (MCA) has notified National Company Law Tribunal ( NCLT (Recruitment, Salary and other terms and conditions of services) Rules, 2020. These rules pertain to a...
![MCA notifies NCLT (Recruitment, Salary and other terms and conditions of services) Rules, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2019/03/NCLT-Taxscan.jpg "MCA notifies NCLT (Recruitment, Salary and other terms and conditions of services) Rules, 2020 [Read Notification]")
Company under CIRP obliged to Pay Taxes from the Date of Initiation If the Corporate Debtor is a Going Concern: NCLT [Read Order]
The National Company Law Tribunal (NCLT) ruled that any company that has initiated CIRP can be obligated to pay the taxes from the date of initiation of CIRP, if the Corporate Debtor is to be run as a...
Ex. Directors of Shivam Water Treaters given 2 days to hand over entire property to RP: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal ( NCLT ) in the case of Asset Reconstruction Co. (India) Pvt. Ltd. v Shivam Water Treaters Pvt. Ltd. vide its order dated 18.02.2019, has provided...
![Ex. Directors of Shivam Water Treaters given 2 days to hand over entire property to RP: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/NCLT-Shvam-Water-Treaters-tTaxscan.jpg "Ex. Directors of Shivam Water Treaters given 2 days to hand over entire property to RP: NCLT [Read Order]")
Committee on Review of Penal provisions of Company Act 2013 submits final report to Finance Minister Arun Jaitley
The Committee constituted by Government of India in July 2018 to review the existing framework dealing with offences under the Companies Act, 2013 and related matters and make recommendations to...
Homebuyers to be part of Insolvency Process: SC Orders Fresh bids for Jaypee Infra [Read Judgment]
While allowing a bunch of petitions in the Jaypee Infratech matter, the Supreme Court ordered a fresh round of bidding for the company but barred the parent Jaiprakash Associates or its promoters from...
![Homebuyers to be part of Insolvency Process: SC Orders Fresh bids for Jaypee Infra [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/08/Jaypee-Infra-Supreme-Court-of-India-Taxscan.jpg "Homebuyers to be part of Insolvency Process: SC Orders Fresh bids for Jaypee Infra [Read Judgment]")