![Reappointment is not a Vested Right: Gujarat HC denies to Compel Expedition of Appointment of Judicial Member of NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Reappointment-Vested-Right-Gujarat-HC-Expedition-of-Appointment-of-Judicial-Member-of-NCLT-TAXSCAN.jpg "Reappointment is not a Vested Right: Gujarat HC denies to Compel Expedition of Appointment of Judicial Member of NCLT [Read Order]")
Reappointment is not a Vested Right: Gujarat HC denies to Compel Expedition of Appointment of Judicial Member of NCLT [Read Order]
A Division Bench of the Gujarat HC has recently denied to compel the expeditious appointment of Manorama Kumari as the Judicial Member pursuant to...
![Petition to Quash Re-Assessment against Struck-Off Company cannot be Entertained after Restoration by MCA: Delhi HC imposes Cost of Rs. 50,000 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Petition-to-Quash-Re-Assessment-against-Struck-Off-Company-cannot-be-Entertained-after-Restoration-by-MCA-Delhi-HC-TAXSCAN.jpg "Petition to Quash Re-Assessment against Struck-Off Company cannot be Entertained after Restoration by MCA: Delhi HC imposes Cost of Rs. 50,000 [Read Order]")
![Misconduct: IBBI Imposes Fine of 2 Lakh Rupees on Chartered Accountant/IP for Violation of Regulations [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Misconduct-IBBI-Chartered-Accountant-CA-Insolvency-and-Bankruptcy-Board-of-India-IBBI-Imposes-Fine-taxscan.jpg "Misconduct: IBBI Imposes Fine of 2 Lakh Rupees on Chartered Accountant/IP for Violation of Regulations [Read Order]")
![No Gratuity Payable When Corporate Debtor does not Create a Gratuity Fund: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Gratuity-Payable-Corporate-Debtor-Gratuity-Fund-NCLT-TAXSCAN.jpg "No Gratuity Payable When Corporate Debtor does not Create a Gratuity Fund: NCLT [Read Order]")
![Provident Fund dues are not Assets of Corporate Debtor and have to be paid in Full: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Provident-Fund-Assets-Corporate-Debtor-NCLT-taxscan.jpg "Provident Fund dues are not Assets of Corporate Debtor and have to be paid in Full: NCLT [Read Order]")
Income Tax Liability on Notional Income arose on Resolution Plan due to write back of unpaid dues to Creditors can be waived off: NCLT [Read Order]
The Mumbai Bench of the National Company Law Tribunal (NCLT) has held that income tax liability on notional income arose on resolution plan due to write back of unpaid dues to creditors can be waived...
![Income Tax Liability on Notional Income arose on Resolution Plan due to write back of unpaid dues to Creditors can be waived off: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Liability-notional-income-resolution-plan-NCLT-taxscan.jpg "Income Tax Liability on Notional Income arose on Resolution Plan due to write back of unpaid dues to Creditors can be waived off: NCLT [Read Order]")
![No Claim of Refund When Appeal has already been Abated: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Claim-Refund-Appeal-CESTAT-taxscan.jpg "No Claim of Refund When Appeal has already been Abated: CESTAT [Read Order]")
Persons associated with Management of Corporate Debtor obligated to assist RP: NCLT denies Salary Claim by Ex-Managerial Personnel
The National Company Law Tribunal (NCLT), Ahmedabad Bench has recently ruled that, promoters and persons associated with the management of the corporate debtor are statutorily obligated to extend all...
![Delhi HC sets aside Assessment proceedings initiated against a Non-Existent Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Delhi-HC-Assessment-proceedings-TAXSCAN.jpg "Delhi HC sets aside Assessment proceedings initiated against a Non-Existent Company [Read Order]")
Liabilities payable to Central or State Govt in any period prior to Acquisition will be Written Off in full in terms of Resolution Plan as approved by NCLT: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), New Delhi bench consisting of NK Billaiya, Accountant Member and Yogesh Kumar US, Judicial Member held that liabilities payable to Central or State Government in...
![Liabilities payable to Central or State Govt in any period prior to Acquisition will be Written Off in full in terms of Resolution Plan as approved by NCLT: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Liabilities-Central-State-Government-acquisition-resolution-plan-NCLT-ITAT-taxscan.jpg "Liabilities payable to Central or State Govt in any period prior to Acquisition will be Written Off in full in terms of Resolution Plan as approved by NCLT: ITAT [Read Order]")