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Archive: 26 May 2024

Posts in 26 May 2024

NCLAT Affirms Ineligibility of Wilful Defaulter to Submit Resolution Plan

May 26, 2024 339 Views 0 comment Print

Read the detailed analysis of Namdev Hindurao Patil’s appeal against his ineligibility to submit a resolution plan for Warana Dairy. Learn how the NCLAT dismissed his plea.

Lease registration charges should be treated as revenue expenditure

May 26, 2024 459 Views 0 comment Print

Delhi High Court admits Department Appeal regarding CIT vs Benetton India Pvt. Ltd, focusing on double deductions for expat reimbursement and royalty. Get detailed analysis.

Demand for service tax based on a non-existing provision is not sustainable: CESTAT Allahabad

May 26, 2024 297 Views 0 comment Print

CESTAT Allahabad quashes service tax demand on Indus Valley Partners, ruling classification based on non-existing provision is bad in law.

Secured creditor cannot proceed under SARFAESI following adverse civil suit judgment

May 26, 2024 333 Views 0 comment Print

Kerala High Court rules that a secured creditor cannot proceed under SARFAESI Act if a civil suit for recovery has been dismissed on merits. Learn more about the case.

Delhi HC directs expedited processing of GST Registration Cancellation Application

May 26, 2024 132 Views 0 comment Print

Delhi High Court directs the processing of Shree Shakti Sales’ application for GST registration cancellation post business closure. Read the full judgment here.

Kerala High Court Directs Deferred Repayment Plan in Loan Recovery Case

May 26, 2024 147 Views 0 comment Print

Kerala High Court intervenes in coercive recovery proceedings against petitioners for financial advance default, granting time for repayment. Read the full judgment here.

Delhi HC Directs Central Registrar to Appoint Arbitrator in Handloom Dispute

May 26, 2024 141 Views 0 comment Print

Delhi HC mandates Central Registrar to appoint an arbitrator under Section 84 of the Multi-State Cooperative Societies Act in a dispute between Appolo Handloom and All India Handloom.

Procedural Violation, Not Suppression, for Invoking Extended Limitation: CESTAT

May 26, 2024 132 Views 0 comment Print

CESTAT Allahabad rules on LG Electronics India vs Commissioner of Central Excise, emphasizing procedural violations are not suppression for extended limitation.

Memorandum of Association (MOA) and amendment of Capital Clause of MOA

May 26, 2024 831 Views 0 comment Print

Learn about Memorandum of Association (MOA) capital clause under Companies Act 2013, its significance, alteration process, and legal requirements.

जीएसटी /आयकर में यूपीआई (UPI) की क्या स्थिति है?

May 26, 2024 1074 Views 0 comment Print

यदि आप UPI का उपयोग कर रहे हैं, तो आयकर एक्ट और जीएसटी अधिनियम 2017 के अनुसार UPI लेनदेन की सीमा क्या होगी और इसके लिए जीएसटी अधिनियम में क्या प्रावधान है?

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