![NCLT allows Interlocutory Application to add Inkel Limited as Additional Corporate Debtor along with the Corporate Debor Seguro foundations [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/NCLT-Interlocutory-Application-Inkel-Limited-Additional-Corporate-Debtor-Corporate-Debor-Seguro-foundations-Taxscan.jpg "NCLT allows Interlocutory Application to add Inkel Limited as Additional Corporate Debtor along with the Corporate Debor Seguro foundations [Read Order]")
NCLT allows Interlocutory Application to add Inkel Limited as Additional Corporate Debtor along with the Corporate Debor Seguro foundations [Read Order]
The National Company Law Tribunal (NCLT), Kerala allowed the Interlocutory Application under Section 9 of the Insolvency and Bankruptcy Code (&B...
![Delhi High Court directs Union Bank of India, IOB to maintain status quo in matter of Classification of Accounts of RCOM and its subsidiary as Fraudulent [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Delhi-High-Court-Union-Bank-of-India-IOB-status-quo-Classification-of-Accounts-of-RCOM-Fraudulent-RCOM-Anil-D-Ambani-Taxscan.jpg "Delhi High Court directs Union Bank of India, IOB to maintain status quo in matter of Classification of Accounts of RCOM and its subsidiary as Fraudulent [Read Order]")
![Benefit of amendment regarding payment of balance consideration within 90 days to the highest bidder can’t be granted retrospectively: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/amendment-balance-consideration-bidder-NCLT-Taxscan.jpg "Benefit of amendment regarding payment of balance consideration within 90 days to the highest bidder can’t be granted retrospectively: NCLT [Read Order]")
![Avoidance applications relating to preferential transactions doesn’t survive beyond conclusion of CIRP: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Avoidance-applications-preferential-transactions-CIRP-Delhi-High-Court-Taxscan.jpg "Avoidance applications relating to preferential transactions doesn’t survive beyond conclusion of CIRP: Delhi HC [Read Order]")
Procedure for submission of financial information u/s 215 of the IBC, 2016 is not mandatory: Calcutta High Court [Read Judgment]
The Calcutta High Court held that the procedure for submission of financial information under Section 215 of the Insolvency and Bankruptcy Code (IBC), 2016 is not mandatory. By the virtue of being...
![Procedure for submission of financial information u/s 215 of the IBC, 2016 is not mandatory: Calcutta High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/Calcutta-High-Court-financial-information-submission-financial-information-Taxscan.jpg "Procedure for submission of financial information u/s 215 of the IBC, 2016 is not mandatory: Calcutta High Court [Read Judgment]")
![18% GST applicable on Assignment of Leasehold Right on Land: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/GST-AAR-Leasehold-Right-Assignment-Taxscan-1.jpg "18% GST applicable on Assignment of Leasehold Right on Land: AAR [Read Order]")
Advocates acting Professionally as per instructions of client can’t be Prosecuted for Offence of Defamation: Madras HC [Read Judgment]
The Madras High Court held that an advocate acting professionally as per instructions of client cannot be prosecuted for offence of defamation. The case pertains to an application filed before...
Corporate Insolvency Resolution Process under I&B Code is barred if no returns have been filed by the company: NCLT [Read Order]
The National Company Law Tribunal (NCLT) dismissed the application for Corporate Insolvency Resolution Process under Section 10 of Insolvency Bankruptcy Code filed by M/s Neesa Infrastructure Limited...
![Corporate Insolvency Resolution Process under I&B Code is barred if no returns have been filed by the company: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Corporate-Insolvency-Resolution-Process-NCLT-Taxscan.jpg "Corporate Insolvency Resolution Process under I&B Code is barred if no returns have been filed by the company: NCLT [Read Order]")
High Court can’t interfere in any order of NCLT as an appeal lies to NCLAT: Kerala High Court [Read Judgment]
The Kerala High Court while ruling on the issue of jurisdiction of High courts held that under the provisions of the Companies Act, 2013 against any order of NCLT, an appeal lies to National...
![High Court can’t interfere in any order of NCLT as an appeal lies to NCLAT: Kerala High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/NCLT-kerala-high-court-taxscan.jpeg "High Court can’t interfere in any order of NCLT as an appeal lies to NCLAT: Kerala High Court [Read Judgment]")
Approval of Resolution Plan not to be interfered, if CoC considered all factors: Supreme Court [Read Judgment]
The Supreme Court held that Approval of Resolution Plan (RP) not to be interfered with, if the Committee of Creditors (CoC) considered all factors. The Appellant, Karad Urban Cooperative Bank...
![Approval of Resolution Plan not to be interfered, if CoC considered all factors: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Approval-Resolution-Plan-CoC-Supreme-Court-Taxscan.jpeg "Approval of Resolution Plan not to be interfered, if CoC considered all factors: Supreme Court [Read Judgment]")