![NCLAT rejects pleas of Deloitte, KPMG and Auditors against the impleadment fraud in IL&FS Subsidiary [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/ifsl-re.jpg "NCLAT rejects pleas of Deloitte, KPMG and Auditors against the impleadment fraud in IL&FS Subsidiary [Read Order]")
NCLAT rejects pleas of Deloitte, KPMG and Auditors against the impleadment fraud in IL&FS Subsidiary [Read Order]
The National Company Law Appellate Tribunal (NCLAT) rejected the pleas of Deloitte, KPMG, and Auditors against the impleadment fraud in the IL&FS...
![MCA issues Clarification on Statutory Compliances of Corporate Insolvency Resolution under IBC, 2016 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-7-2.jpg "MCA issues Clarification on Statutory Compliances of Corporate Insolvency Resolution under IBC, 2016 [Read Circular]")
![NCLAT directs Unitech to Repay the Amount to its Deposit Holders with Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Unitech-NCLAT-Taxscan.jpg "NCLAT directs Unitech to Repay the Amount to its Deposit Holders with Interest [Read Order]")
No debar for Auditor under Companies Act If Fraudulent Intention is not Proved: NCLAT [Read Order]
The National Company Law Tribunal (NCLAT), New Delhi held that the auditor cannot be debarred for 5 years under Companies Act, 2013 in the absence of evidence supporting fraudulent intentions. In the...
![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]")
![Interest alone cannot be construed as Operational Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Operational-Debt-Interest-Taxscan.jpg "Interest alone cannot be construed as Operational Debt: NCLAT [Read Order]")
Critical Analysis of Key Recommendations of Company Law Committee to amend the Companies Act, 2013
In September 2019, the Government had formed the Company Law Committee (‘CLC’) to further decriminalise the provisions of the Companies Act, 2013 (‘the Act’) based on their gravity and to take other...
Resolution Plan cannot be challenged before the NCLT on the ground of failure to meet the threshold requirement where the same is purely a business decision: SC [Read Judgment]
The Supreme Court in the case of K. Sashidhar v. Indian Overseas Bank & Ors. held that if the opposition to the proposed resolution plan is purely a commercial or business decision, the same,...
![Resolution Plan cannot be challenged before the NCLT on the ground of failure to meet the threshold requirement where the same is purely a business decision: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/02/NCLT-Supeme-Court-Taxscan.jpg "Resolution Plan cannot be challenged before the NCLT on the ground of failure to meet the threshold requirement where the same is purely a business decision: SC [Read Judgment]")
Upholding ‘Cartelization’ and resulting penalty of INR 6,700 cr to 11 cement companies: NCLAT dismisses Cement Companies' appeal [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) in the case of Ambuja Cements Ltd & Ors. v. Competition Commission of India & Ors vide its judgment dated July 25,...
![Upholding ‘Cartelization’ and resulting penalty of INR 6,700 cr to 11 cement companies: NCLAT dismisses Cement Companies appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/NCLAT-Cement-Companies-Taxscan.jpg "Upholding ‘Cartelization’ and resulting penalty of INR 6,700 cr to 11 cement companies: NCLAT dismisses Cement Companies appeal [Read Order]")