![MCA Amends Rules on Removal of Company Names, Relaxes Indemnity Requirement for Government Companies [Read Notification]](https://images.taxscan.in/h-upload/2026/01/06/2117352-mca-amends-rules.webp "MCA Amends Rules on Removal of Company Names, Relaxes Indemnity Requirement for Government Companies [Read Notification]")
MCA Amends Rules on Removal of Company Names, Relaxes Indemnity Requirement for Government Companies [Read Notification]
The Ministry of Corporate Affairs (MCA) amended the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016 to make...
![NFRA Issues Second Audit Practice Toolkit on ROMM Assessment to Strengthen Audit Quality for Small & Medium Practitioners [DOWNLOAD TOOLKIT]](https://images.taxscan.in/h-upload/2026/01/06/2117336-nfra-issues-second-audit-practice-toolkit-romm-assessment-strengthen-audit-quality-for-small-medium-practitioners-taxscan.webp "NFRA Issues Second Audit Practice Toolkit on ROMM Assessment to Strengthen Audit Quality for Small & Medium Practitioners [DOWNLOAD TOOLKIT]")
NCLT Rules Electricity as "Essential Supply" u/s 14(2) IBC, Bars Disconnection for Non-Payment of Pre-CIRP Dues by Hotel [Read Order]
The National Company Law Tribunal has ruled that electricity is an essential supply under section 14(2) of the Insolvency and Bankruptcy Code,2016, and it has also barred the disconnection of...
![NCLT Rules Electricity as Essential Supply u/s 14(2) IBC, Bars Disconnection for Non-Payment of Pre-CIRP Dues by Hotel [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/2117328-nclt-rules-electricity-essential-supply.webp "NCLT Rules Electricity as Essential Supply u/s 14(2) IBC, Bars Disconnection for Non-Payment of Pre-CIRP Dues by Hotel [Read Order]")
Withdrawal of SARFAESI Notice Does Not Invalidate Recovery Certificate: NCLAT Allows SBI's Insolvency Petitions Against Guarantors [Read Order]
The Principal Bench of National Company Law Appellate Tribunal (NCLAT), New Delhi, allowed SBI’s insolvency petitions against personal guarantors on limitation grounds and held that withdrawal of a...
![Withdrawal of SARFAESI Notice Does Not Invalidate Recovery Certificate: NCLAT Allows SBIs Insolvency Petitions Against Guarantors [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/2117325-withdrawal-sarfaesi-notice-does-not-invalidate-recovery-certificate-taxscan.jfif "Withdrawal of SARFAESI Notice Does Not Invalidate Recovery Certificate: NCLAT Allows SBIs Insolvency Petitions Against Guarantors [Read Order]")
Mere Wrong Classification Does Not Invoke Section 111(o) Unless Exemption Conditions are Violated: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that mere wrong classification of imported goods does not attract confiscation under Section 111(o) of the...
![Mere Wrong Classification Does Not Invoke Section 111(o) Unless Exemption Conditions are Violated: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/05/2117211-mere-wrong-classification-does-not-invoke-section-111o-unless-exemption-conditions-are-violated-cestat.webp "Mere Wrong Classification Does Not Invoke Section 111(o) Unless Exemption Conditions are Violated: CESTAT [Read Order]")
Dietary Supplements Not Eligible For Area-Based Excise Exemption Meant For Pharmaceuticals: CESTAT [Read Order]
The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that dietary food supplements cannot be treated as pharmaceutical products and are not eligible for the...
![Dietary Supplements Not Eligible For Area-Based Excise Exemption Meant For Pharmaceuticals: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/05/2117191-dietary-supplements-not-eligible-area-based-excise-exemption-meant-pharmaceuticals-cestat-taxscan.webp "Dietary Supplements Not Eligible For Area-Based Excise Exemption Meant For Pharmaceuticals: CESTAT [Read Order]")
Raw Materials Transferred From Domestic Tariff Area to EOU are Not ‘Imported’ Goods: CESTAT [Read Order]
In a recent decision, the Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) said that raw materials sent from the Domestic Tariff Area (DTA) to an Export Oriented Unit...
![Raw Materials Transferred From Domestic Tariff Area to EOU are Not ‘Imported’ Goods: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/2117251-raw-materials-transferred-domestic-tariff-area-eou-imported-goods-cestat.webp "Raw Materials Transferred From Domestic Tariff Area to EOU are Not ‘Imported’ Goods: CESTAT [Read Order]")
Inadvertent DIR-12 Certification to Chinese National without MHA Clearance Not Intentional: ICAI Clears CA of Misconduct Charges [Read Order]
In a recent decision, with regards to granting DIR - 12 certification to Chinese National without MHA clearance, the Disciplinary Committee of Institute of Chartered Accountants of India ( ICAI )...
![Inadvertent DIR-12 Certification to Chinese National without MHA Clearance Not Intentional: ICAI Clears CA of Misconduct Charges [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/2117292-icai-clears-ca-misconduct-charges-taxscan.jfif "Inadvertent DIR-12 Certification to Chinese National without MHA Clearance Not Intentional: ICAI Clears CA of Misconduct Charges [Read Order]")