![SCN cant be Issued to Entertain Claims before Period of Approval of Resolution Plan: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/SCN-Claims-Approval-of-Resolution-Plan-Resolution-Plan-Delhi-High-Court-Taxscan.jpg "SCN cant be Issued to Entertain Claims before Period of Approval of Resolution Plan: Delhi HC [Read Order]")
SCN can't be Issued to Entertain Claims before Period of Approval of Resolution Plan: Delhi HC [Read Order]
The Delhi High Court observed that Show Cause Notice ( SCN ) can't be issued to entertain claims before the period of Approval of the Resolution...
![Regulatory Fee of 0.25% payable on Approval of Resolution Plan: IBBI Amends Regulations [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/09/Regulatory-Fee-Resolution-Plan-IBBI-Regulations-taxscan.jpg "Regulatory Fee of 0.25% payable on Approval of Resolution Plan: IBBI Amends Regulations [Read Notification]")
![Statutory Dues and Claim stands frozen after Approval of Resolution Plan by IBC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Claim-resolution-plan-IBC-ITAT-taxscan.jpg "Statutory Dues and Claim stands frozen after Approval of Resolution Plan by IBC: ITAT [Read Order]")
![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]")
Operational Creditor is at liberty to file appropriate legal proceedings to recover his claims if Resolution Plan was withdrawn: NCLAT [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) has held that the Operational Creditor is at liberty to file appropriate legal proceedings to recover his claims if the Resolution...
![Operational Creditor is at liberty to file appropriate legal proceedings to recover his claims if Resolution Plan was withdrawn: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Operational-Creditor-liberty-legal-proceedings-Resolution-Plan-NCLAT-Taxscan.jpg "Operational Creditor is at liberty to file appropriate legal proceedings to recover his claims if Resolution Plan was withdrawn: NCLAT [Read Order]")
NCLAT directs ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under PMLA [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) has directed the ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under Prevention of Money...
![NCLAT directs ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under PMLA [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/NCLAT-Corporate-Debtor-Competent-Forum-Appeal-PMLA-Taxscan.jpg "NCLAT directs ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under PMLA [Read Order]")
Income Tax Department cannot raise fresh claims after a Resolution Plan is approved: Bombay High Court [Read Judgment]
The Bombay High Court has held that the Tax department cannot raise fresh claims after a resolution plan is approved. The issue raised was Whether the Authorities of the Income Tax Department can...
![Income Tax Department cannot raise fresh claims after a Resolution Plan is approved: Bombay High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/01/Income-Tax-Department-Resolution-Plan-Bombay-High-Court-Taxscan.jpeg "Income Tax Department cannot raise fresh claims after a Resolution Plan is approved: Bombay High Court [Read Judgment]")
Orissa HC directs GST Dept to Refund Service Tax recovered in excess of Amount approved by Resolution Plan [Read Order]
The Orissa High Court directed the GST department to refund Service Tax Recovered in excess of the amount approved by the resolution plan. The Petitioner, M/s. Jagat Janani Services is a...
![Orissa HC directs GST Dept to Refund Service Tax recovered in excess of Amount approved by Resolution Plan [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/refund-Service-Tax-resolution-plan-Orissa-high-court-taxscan.jpg "Orissa HC directs GST Dept to Refund Service Tax recovered in excess of Amount approved by Resolution Plan [Read Order]")
![Relief to DHFL’s Lenders: NCLAT refuses to grant Interim Stay on Piramals Resolution Plan [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/DHFLs-Lenders-NCLAT-grant-Interim-Stay-Piramals-Resolution-Plan-Taxscan.jpeg "Relief to DHFL’s Lenders: NCLAT refuses to grant Interim Stay on Piramals Resolution Plan [Read Order]")
Listed Company required to maintain at least 5% of Public Shareholding as a Result of Implementation of Resolution Plan: Govt. [Read Notification]
The Department of Finance notified that the Listed company required to maintain at least 5% of public shareholding as a result of the implementation of the resolution plan. The government notified...
![Listed Company required to maintain at least 5% of Public Shareholding as a Result of Implementation of Resolution Plan: Govt. [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/06/public-shareholding-resolution-plan-Taxscan.jpg "Listed Company required to maintain at least 5% of Public Shareholding as a Result of Implementation of Resolution Plan: Govt. [Read Notification]")
Creditors can’t Initiate Proceedings to Recover Claims not a part of Resolution Plan: Supreme Court [Read Judgment]
The Supreme Court while upholding the “Clean Slate Theory” ruled that creditors can not initiate Proceedings to recover claims not a part of the Resolution Plan. The issue raised in this case was...
![Creditors can’t Initiate Proceedings to Recover Claims not a part of Resolution Plan: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/Creditors-Resolution-Plan-Supreme-Court-Taxscan-opengraph.jpeg "Creditors can’t Initiate Proceedings to Recover Claims not a part of Resolution Plan: Supreme Court [Read Judgment]")