Claim on Non-Passing of ITC Benefit ends with NCLT Order Which Extinguishes Liability: CCI directs to Drop Anti Profiteering Proceedings Against Puma Realtors
The Competition Commission of India (CCI) directed to drop anti-profiteering proceedings against Puma Realtors since the claim on non-passing of...
Name of Company Struck off as the Audited Financial Statement was “Zero Revenue”: NCLAT uphold the NCLT Order [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that Name of the Company Struck off is valid since the Audited Financial Statement was “Zero Revenue” and upheld the order of the National...
Suit or Proceeding cannot be Continued Against Corporate Debtor until Conclusion of Proceedings Under IBC 2016: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that a suit or proceedings could not be continued against a corporate debtor until the conclusion of proceedings taken place under...
![Suit or Proceeding cannot be Continued Against Corporate Debtor until Conclusion of Proceedings Under IBC 2016: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Suit-Proceeding-Suit-or-Proceeding-Corporate-Debtor-Proceedings-Under-IBC-2016-IBC-2016-IBC-ITAT-Income-Tax-taxscan.jpg "Suit or Proceeding cannot be Continued Against Corporate Debtor until Conclusion of Proceedings Under IBC 2016: ITAT [Read Order]")
Non-availability of Funds is not a valid reason for Non-opening of Liquidation Bank Account: IBBI warns Insolvency Professional [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has held that the non-availability of funds is not a valid reason for the non-opening of the liquidation bank account and warned the Insolvency...
![Typographical Mistakes in Order passed by NCLT: NCLAT Set aside the Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Typographical-Mistakes-NCLT-NCLAT-Typographical-Mistakes-in-Order-passed-by-NCLT-taxscan.jpg "Typographical Mistakes in Order passed by NCLT: NCLAT Set aside the Order [Read Order]")
Moratorium Declared by NCLT in View of Insolvency & Bankruptcy Code has Overriding Effect on Tribunal: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the moratorium declared by National Company Law Tribunal, (NCLT) has an overriding effect on the tribunal in view of insolvency...
![Moratorium Declared by NCLT in View of Insolvency & Bankruptcy Code has Overriding Effect on Tribunal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Moratorium-Declared-by-NCLT-Insolvency-Bankruptcy-Code-Tribunal-ITAT-TAXSCAN.jpg "Moratorium Declared by NCLT in View of Insolvency & Bankruptcy Code has Overriding Effect on Tribunal: ITAT [Read Order]")
