![NCLT rejects Amazons intervention application on Insolvency proceeding against Future Retail Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/NCLT-Amazons-intervention-application-insolvency-proceeding-Future-Retail-Ltd-taxscan.jpg "NCLT rejects Amazons intervention application on Insolvency proceeding against Future Retail Ltd [Read Order]")
NCLT rejects Amazon's intervention application on Insolvency proceeding against Future Retail Ltd [Read Order]
The Delhi bench of the National Company Law Tribunal (NCLT) rejected Amazon’s intervention application on insolvency proceedings against Future...
![Claim of Income Tax dues can’t be excessive than the Resolution Plan approved by NCLT: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Claim-Income-Tax-resolution-plan-NCLT-ITAT-taxscan.jpg "Claim of Income Tax dues can’t be excessive than the Resolution Plan approved by NCLT: ITAT [Read Order]")
![NCLT allows IRP Against Personal Guarantor in Absence of CIRP of Corporate Debtor: Supreme Court stays Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/IBC-NCLT-IRP-Personal-Guarantor-CIRP-Corporate-Debtor-Supreme-Court-stays-Order-Taxscan.jpeg "NCLT allows IRP Against Personal Guarantor in Absence of CIRP of Corporate Debtor: Supreme Court stays Order [Read Order]")
![Company becomes Non-Existent on completion of Liquidation Process: ITAT upholds Overriding effect of IBC over Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Company-completion-Liquidation-ITAT-IBC-Income-Tax-taxscan-2.jpeg "Company becomes Non-Existent on completion of Liquidation Process: ITAT upholds Overriding effect of IBC over Income Tax Proceedings [Read Order]")
Institution of Suit against Corporate Debtor during Moratorium is Prohibited U/S 14 of the IBC: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has held that the institution of suit against the corporate debtor during the moratorium period is prohibited under section 14 of the...
![Institution of Suit against Corporate Debtor during Moratorium is Prohibited U/S 14 of the IBC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Institution-of-Suit-Corporate-Debtor-Moratorium-IBC-ITAT-Taxscan.jpg "Institution of Suit against Corporate Debtor during Moratorium is Prohibited U/S 14 of the IBC: ITAT [Read Order]")
PF Dues are Not the Assets of the Corporate Debtor: NCLAT Directs to Release Full Provident Fund to Ex-Employees [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has held that PF dues are not the assets of the Corporate Debtor and directs to release the full provident fund to ex-employees. The...
![PF Dues are Not the Assets of the Corporate Debtor: NCLAT Directs to Release Full Provident Fund to Ex-Employees [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/PF-Dues-PF-Assets-dues-Corporate-Debtor-NCLAT-Full-Provident-Fund-Ex-Employees-Taxscan.jpg "PF Dues are Not the Assets of the Corporate Debtor: NCLAT Directs to Release Full Provident Fund to Ex-Employees [Read Order]")
No Continuing Insolvency Resolution Process against Personal Guarantor after his Demise: NCLT [Read Order]
The Principal Bench of National Company Law Tribunal ( NCLT ) has held that Insolvency Resolution Process against Personal Guarantor after his demise will not continue. Mr. Deepak Puri who stood...
![No Continuing Insolvency Resolution Process against Personal Guarantor after his Demise: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Insolvency-Resolution-Process-Personal-Guarantor-NCLT-TAXSCAN.jpg "No Continuing Insolvency Resolution Process against Personal Guarantor after his Demise: NCLT [Read Order]")
![Suspended Board of Directors cannot replace Resolution Professional: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Suspended-Board-of-Directors-Resolution-Professional-NCLT-taxscan.jpg "Suspended Board of Directors cannot replace Resolution Professional: NCLT [Read Order]")
Retired Partner can’t Initiate Proceedings against Other Partners under IBC for Retirement Dues: NCLT [Read Order]
The National Company Law Tribunal (NCLT), Mumbai Bench has held that the retired partner has no right under IBC to file a claim against the partner or the firm for the retirement dues. The...
![Retired Partner can’t Initiate Proceedings against Other Partners under IBC for Retirement Dues: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Retired-Partner-IBC-Retirement-Dues-NCLT-Taxscan.jpg "Retired Partner can’t Initiate Proceedings against Other Partners under IBC for Retirement Dues: NCLT [Read Order]")
Personal Guarantors of NBFC/FSC cannot be proceeded against unless Threshold of Rs. 500 cr is Satisfied, rules NCLT [Read Order]
The Jaipur Bench of the National Company Law Tribunal (NCLT) has held that Personal Guarantors of Non-Banking Finance Company/ Financial Services Provider cannot be proceeded against unless the NBFC/...
![Personal Guarantors of NBFC/FSC cannot be proceeded against unless Threshold of Rs. 500 cr is Satisfied, rules NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Personal-Guarantors-Guarantors-NBFC-FSC-Threshold-NCLT-Taxscan.jpg "Personal Guarantors of NBFC/FSC cannot be proceeded against unless Threshold of Rs. 500 cr is Satisfied, rules NCLT [Read Order]")
![Justice Ashok Bhushan and Justice Ramalingam Sudhakar to head NCLAT and NCLT [Read Notifications]](https://www.taxscan.in/wp-content/uploads/2022/02/Justice-Ashok-Bhushan-Justice-Ramalingam-Sudhakar-NCLAT-NCLT-Taxscan.jpg "Justice Ashok Bhushan and Justice Ramalingam Sudhakar to head NCLAT and NCLT [Read Notifications]")