Supreme Court held that period of limitation provided under section 61(2) of the IBC began from the date of upload of order in case where date of upload of order and date of pronouncement is not on same date.
ITAT Hyderabad held that as the parties have entered into registered Joint Development Agreement (JDA) on 04.04.2007 and the “Group of assessee” have also handed over possession to the TBPD pursuant to the agreement. Hence, transfer took place in the assessment year 2008-09.
Supreme Court held that promoter of the company are not disqualified per say under section 29A of the Insolvency and Bankruptcy Code, 2016 (the Code) to dis-entitle him from presenting the resolution plan. Thus, promoters are eligible to submit resolution plan.
Explore impact of RBI’s guidelines on AIF investments, addressing evergreening issues. Analysis of measures, industry concerns, and potential challenges.
Calcutta High Court orders Customs to compensate petitioner for seized goods value. Analysis of illegal confiscation case and court’s directive.
Karnataka High Court quashes criminal trespass case against father denied visitation rights. Analysis of the landmark judgment on paternal rights and legal recourse.
Calcutta High Court held that provisional attachment of bank account under section 83 of the CGST Act based on tangible materials found against the petitioners during investigation is legal, valid and within jurisdiction.
Government of India imposes significant penalties on M/s BECKONS INDUSTRIES LIMITED for violating Companies Act, 2013 by not filing annual returns. Learn about the penalties and consequences.
Government of India announces enhanced Dearness Relief for CPF beneficiaries under 5th CPC series from 01.07.2023. Check eligibility and revised rates
Explore the Reserve Bank of India’s 2023 list of Domestic Systemically Important Banks (D-SIBs). SBI and HDFC move to higher buckets, affecting CET1 requirements from April 1, 2025.
