Supreme Court reaffirmed that Section 66 of the Insolvency and Bankruptcy Code cannot be invoked against third parties and that civil remedies available under the law must be pursued for recovery of dues from such parties.
The impact of scams has shown that certain volatile values are affected in certain terms on basis and defaults that are done in past runs with the course and progress of settlement.
While GST has brought significant changes to India’s tax landscape, it also has its advantages and disadvantages. This article delves into the various aspects of GST, exploring its pros and cons in the Indian context.