NCLT dismisses SBI's Petition as Discrepancy in Addresses for Serving Demand Notice [Read Order]
The National Company Law Tribunal ( NCLT ) Amaravati special bench dismissed a petition filed by the State Bank of India under Section 95(1) of the...
![Karnataka HC Cancels GST Notices Issued to Non-Existent Entity, Overturns Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Karnataka-High-Court-GST-Notices-Issued-GST-Notices-Non-Existent-Entity-Taxscan.jpeg "Karnataka HC Cancels GST Notices Issued to Non-Existent Entity, Overturns Proceedings [Read Order]")
NCLAT raps Practising Company Secretary for Filing Appeal with Voluminous Records Running in Several Volumes [Read Order]
It was observed that the conduct of the professionals is deprecated for the mode of the institution of the proceedings, particularly when the lis engages consideration of an Impugned Order of a...
Notice issued by SBI to CD Recalling Loan Facility Not Amounts to Demand on Corporate Guarantor: NCLT [Read Order]
The Mumbai bench of the National Company Law Tribunal ( NCLT ) held that notice issued by the State Bank of India ( SBI ) , the Financial creditor to Corporate Debtor recalling loan facility not...
![Notice issued by SBI to CD Recalling Loan Facility Not Amounts to Demand on Corporate Guarantor: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/SBI-SBI-to-form-Committee-to-Tackle-Co-Lending-Issues-Finance-Ministry-directs-SBI-Finance-Ministry-SBI-news-Taxscan.jpg "Notice issued by SBI to CD Recalling Loan Facility Not Amounts to Demand on Corporate Guarantor: NCLT [Read Order]")
Initiation of Assignment Agreement by Corporate Debtor is Malafide Act to Prolong CIRP: NCLAT upholds Decision of NCLT
While Upholding the decision of the National Company Law Tribunal ( NCLT ), the National Company Law Appellate Tribunal ( NCLAT ) held that Assignment Agreement initiated by the Corporate Debtor was...
Company Law Tribunals Have Jurisdiction u/s 59 of Companies Act to Refer Seriously Disputed Questions Towards Civil Court: NCLT [Read Order]
In a recent case, the Hyderabad bench of the National Company Law Tribunal ( NCLT ) Â held that company law tribunals have jurisdiction under Section 59 of the Companies Act, 2013 to refer seriously...
![Company Law Tribunals Have Jurisdiction u/s 59 of Companies Act to Refer Seriously Disputed Questions Towards Civil Court: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/NCLT-taxscan-1.jpg "Company Law Tribunals Have Jurisdiction u/s 59 of Companies Act to Refer Seriously Disputed Questions Towards Civil Court: NCLT [Read Order]")
Failure to File Claim during Insolvency Proceedings u/s 31 and 32A of IBC: Gujarat HC Abates Income Tax Appeals [Read Order]
The Gujarat High Court abated income tax appeals filed by the Commissioner of Customs (Preventive) due to the failure to file a claim during insolvency proceedings. The appeals arose from an order...
![Failure to File Claim during Insolvency Proceedings u/s 31 and 32A of IBC: Gujarat HC Abates Income Tax Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Insolvency-Proceedings-IBC-Gujarat-HC-Income-Tax-Appeals-taxscan.jpg "Failure to File Claim during Insolvency Proceedings u/s 31 and 32A of IBC: Gujarat HC Abates Income Tax Appeals [Read Order]")
Speculative Investor cannot claim status & benefits as a Financial Creditor u/s 5(8)(f) of Insolvency Bankruptcy Code: NCLT
The Chandigarh bench of the National Company Law Tribunal while adjudicating has held that a speculative investor cannot claim the status and benefits as a Financial Creditor by being an allottee...
