Filing of Application u/s 7 of IBC not Bar for Application to Appoint Arbitrator: Bombay HC [Read Order]
In a major decision the Bombay High Court observed that mere filing of an application under Section 7(1) of the Insolvency and Bankruptcy Code, 2016...
![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]")
![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]")
Appeal Before CESTAT is not valid when NCLT Approved Resolution Plan on Insolvency Proceedings: CESTAT dismisses Appeal by Jet Airways
The Mumbai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that appeal before CESTAT is not valid when National Company Law Tribunal (NCLT) approved a resolution...
Professional Misconduct: IBBI warns IP for alleged Bribe Demand and Non-Cooperation with Inspecting Authority
The Disciplinary Committee of the Insolvency and Bankruptcy Board of India (IBBI) has issued a warning to an Interim Professional for alleged bribery demands and non-cooperation with the inspecting...
Power of AA in Insolvency Proceedings limited to Verification of Default in Payment of Debt: Supreme Court [Read Judgement]
In a recent ruling, a two-judge bench of Justice Abhay S. Oka and Justice Rajesh Bindal of the Supreme Court of India observed that the Adjudicating Authority is empowered only to verify the...
