![NCLT Approves ACME Cleantechs Resolution Plan For Reliance Big Private Limited [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ACME.jpg "NCLT Approves ACME Cleantechs Resolution Plan For Reliance Big Private Limited [Read Order]")
NCLT Approves ACME Cleantech's Resolution Plan For Reliance Big Private Limited [Read Order]
The Resolution Plan for Reliance Big Private Limited, which was submitted by ACME Cleantech Solutions Private Limited, has been authorized by the...
![NCLT Empowered to Decide Whether Successful Resolution Applicant is Liable to Pay Pre-CIRP Electricity Dues u/s 60(5) of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-NCLT-Pre-CIRP-IBC-taxscan.jpg "NCLT Empowered to Decide Whether Successful Resolution Applicant is Liable to Pay Pre-CIRP Electricity Dues u/s 60(5) of IBC: NCLAT [Read Order]")
![CESTAT Dismisses Customs Appeal on Approval of Resolution Plan by NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CESTAT-Customs-Appeal-Resolution-Plan-NCLT-taxscan.jpg "CESTAT Dismisses Customs Appeal on Approval of Resolution Plan by NCLT [Read Order]")
CPC will not strictly apply to Proceedings under I & B Code: NCLAT Grants Opportunity to File Objection to Principal Proceedings u/s 9 [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that CPC will not strictly apply to proceedings under Insolvency Bankruptcy Code ( I & B Code), 2016 and granted opportunity for...
NCLAT directs Revival of Company Petition after Appellant was Deprived of Remedies under Article 21 of Constitution [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal ( NCLAT ) directed the revival of company petition after appellant was deprived of remedies under article 21 of the Indian...
NCLAT upholds Dismissal of S.9 IBC Petition as Time-Barred due to Expiry of Limitation Period [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal ( NCLAT )upheld the dismissal of a Section 9 Insolvency and Bankruptcy Code ( IBC ), 2016 petition filed by the appellant citing the...
Notice to Merged Entity Void ab intio: ITAT strikes down Income Tax Reassessment u/s 148 [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) struck down a reassessment proceeding initiated against a non-existent company, declaring it void ab initio and had no legal validity. ...
![Notice to Merged Entity Void ab intio: ITAT strikes down Income Tax Reassessment u/s 148 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Mumbai-ncome-Tax-Reassessment-Taxscan.jpg "Notice to Merged Entity Void ab intio: ITAT strikes down Income Tax Reassessment u/s 148 [Read Order]")
19,969 Pending Cases at NCLT: Standing Committee Flags Procedural Delays and Manpower Shortages [Read Order]
The National Company Law Tribunal ( NCLT ) has a backlog of 19,969 cases, as per the report of the Standing Committee on Finance. The committee has raised concerns over stating the procedural...
