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![Financial Debt Default of over Rs. 45 Crores: NCLT Admits SBIs Application and Initiates CIRP Against Giga Pipe Systems [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102556-financial-debt-nclt-sbi-cirp-giga-pipe-systems.webp "Financial Debt Default of over Rs. 45 Crores: NCLT Admits SBIs Application and Initiates CIRP Against Giga Pipe Systems [Read Order]")
Financial Debt Default of over Rs. 45 Crores: NCLT Admits SBI's Application and Initiates CIRP Against Giga Pipe Systems [Read Order]
The National Company Law Tribunal (NCLT), New Delhi, has admitted an application filed by the State Bank of India (SBI) under Section 7 of...
![Entry in Balance Sheet Acknowledges Debt: Supreme Court Allows IL&FS Plea [Read Judgement]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071796-supreme-court-constitutional-validity-gst-act-taxscan.webp "Entry in Balance Sheet Acknowledges Debt: Supreme Court Allows IL&FS Plea [Read Judgement]")
Certification of Books of Account without Accurate Verification is Vital Professional Misconduct: ICAI Removes CA from Register and Imposes Fine [Read Order]
The Institute of Chartered Accountants of India removed Chartered Accountant (CA), Syed Shahul Meeran K from the CA membership Register and imposed a fine on the professional misconduct of certifying...
COVID-19: Loan Defaulters should get Benefit of RBI’s Advisory on Moratorium, says Delhi HC [Read Order]
Due to the outbreak of pandemic COVID-19, the High Court of Delhi in its recent ruling held that the Reserve Bank of India’s (RBI’s) advisory on moratorium is applicable even to loans on default as on...
![COVID-19: Loan Defaulters should get Benefit of RBI’s Advisory on Moratorium, says Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/Investments-RBI-Taxscan.jpg "COVID-19: Loan Defaulters should get Benefit of RBI’s Advisory on Moratorium, says Delhi HC [Read Order]")