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Archive: 26 June 2023

Posts in 26 June 2023

FINCOVER: 4 Factors to consider while comparing personal loans

June 26, 2023 888 Views 0 comment Print

Here are the few factors that you should consider while comparing personal loans online.

Dissolution Order sustained on failure of promoters to project resolution plan within time

June 26, 2023 348 Views 0 comment Print

NCLAT Chennai held that ‘Order of Dissolution’ sustainable as the ‘Promoters’ failed to project the ‘Resolution Plan’ within the specified time limit.

RVAT: VAT payable on entire consideration charged for food by Chokhi Dhani Resorts

June 26, 2023 597 Views 0 comment Print

Rajasthan High Court held that assessee cannot split up the amount charged for the sale of food and certain services in addition to the food. Hence, VAT is payable on the entire consideration charged for the food.

Madras HC Quashes Notice cum order passed without hearing under TNVAT

June 26, 2023 252 Views 0 comment Print

The Madras High Court has annulled a ‘notice’ calling for the discharge of tax liability, emphasizing the requirement of hearings before dismissing rectification petitions under the Tamil Nadu Value Added Tax Act.

NCLT approves Resolution Plan of Siddharth World Trade Private Limited

June 26, 2023 264 Views 0 comment Print

NCLT Mumbai approves Edelweiss ARC’s resolution plan for Siddharth World Trade, ensuring a smooth corporate restructuring under IBC with 100% CoC approval.

NCLT approves Resolution Plan of Orange Medicare and Research Centre Private Limited

June 26, 2023 468 Views 0 comment Print

NCLT Mumbai approves Saraswat Co-op Bank’s resolution plan for Orange Medicare, ensuring seamless revival with unanimous CoC support under IBC.

NCLT approves Resolution Plan of Galada Power and Telecommunication Limited

June 26, 2023 375 Views 0 comment Print

NCLT Hyderabad approves Amrutha Constructions’ resolution plan for Galada Power, ensuring its revival with unanimous CoC support under IBC.

NCLT approves Resolution Plan of Salebhai Internet Limited

June 26, 2023 171 Views 0 comment Print

NCLT Ahmedabad approves Smeet Dineshkumar Chaudhari’s resolution plan for Salebhai Internet Limited, ensuring its revival with unanimous CoC support under IBC.

Appointment of CAA in respect of SCNs issued to units of Vishnu Pouch Packaging Pvt. Ltd

June 26, 2023 219 Views 0 comment Print

Appointment of Common Adjudicating Authority (CAA) in respect of SCNs issued to units of M/s Vishnu Pouch Packaging Pvt. Ltd Central Board of Indirect Taxes and Customs (CBIC) has issued an order appointing a Central Excise officer as the Common Adjudicating Authority for the purpose of adjudicating Show Cause Notices (SCNs) issued to M/s Vishnu […]

Calcutta HC Quashes Tax Assessment Order Due to Technical Snag in IT Portal

June 26, 2023 393 Views 0 comment Print

The Calcutta High Court overturned a tax assessment order following a technical issue with the Income Tax Portal that prevented a timely objection.

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