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CPC will not strictly apply to Proceedings under I & B Code: NCLAT Grants Opportunity to File Objection to Principal Proceedings u/s 9 [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that CPC will not strictly apply to proceedings under Insolvency Bankruptcy Code ( I...
![Notice to Merged Entity Void ab intio: ITAT strikes down Income Tax Reassessment u/s 148 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Mumbai-ncome-Tax-Reassessment-Taxscan.jpg "Notice to Merged Entity Void ab intio: ITAT strikes down Income Tax Reassessment u/s 148 [Read Order]")
19,969 Pending Cases at NCLT: Standing Committee Flags Procedural Delays and Manpower Shortages [Read Order]
The National Company Law Tribunal ( NCLT ) has a backlog of 19,969 cases, as per the report of the Standing Committee on Finance. The committee has raised concerns over stating the procedural...
![Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Resolution-Professional-Functus-Officio-IBC-NCLT-taxscan.jpg "Resolution Professional Becomes Functus Officio After Approval of Plan under IBC: NCLT [Read Order]")
Time-Period u/s 61 of IBC cannot be Extended on Ground of Limitation Act: NCLAT Rules against Hero Exports [Read Order]
In a ruling against Hero Exports , the Chennai bench of National Company Law Appellate Tribunal ( NCLAT ) held that the time period under section 61 of Insolvency Bankruptcy Code ( IBC ), 2016 cannot...
Relief to Patanjali Foods, Claim Arising out of AP VAT Act or GST Act Extinguished on Approval of Resolution Plan: Andhra Pradesh HC [Read Order]
In the case of Patanjali Foods Limited, the Andhra Pradesh High Court held that claim arising out of Andhra Pradesh Value Added Tax Act or Goods and Service Tax Act extinguished on approval of...
![Relief to Patanjali Foods, Claim Arising out of AP VAT Act or GST Act Extinguished on Approval of Resolution Plan: Andhra Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/GST-Goods-and-Service-Tax-GST-Act-Goods-and-Service-Tax-Act-Patanjali-Foods-TAXSCAN.jpg "Relief to Patanjali Foods, Claim Arising out of AP VAT Act or GST Act Extinguished on Approval of Resolution Plan: Andhra Pradesh HC [Read Order]")