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Archive: 21 February 2025

Posts in 21 February 2025

ITAT Kolkata Dismisses Appeal, Allows Revival If VSV Scheme Fails

February 21, 2025 879 Views 0 comment Print

ITAT Kolkata dismisses Nikhil Commosales Pvt. Ltd.’s appeal, permitting revival if the assessee’s application under the Vivad Se Vishwas Scheme 2024 is unsuccessful.

Public Authorities Not Obligated to Provide Opinions or Clarifications Under RTI Act

February 21, 2025 1377 Views 0 comment Print

RTI Act grants access to existing records only; public authorities need not provide opinions, clarifications, or policy recommendations, as emphasized by CIC and SC precedents.

Investigation Status Inquiries Are Beyond RTI Act Scope: IBBI

February 21, 2025 408 Views 0 comment Print

RTI Act permits access only to information held by a public authority and does not require the creation or interpretation of information. The authority found that inquiries regarding investigation status or actions taken by IBBI officials amounted to seeking opinions or advice, which falls outside the scope of the RTI Act.

 IBBI Suspends Valuer for Six Months for Violating valuation rules

February 21, 2025 813 Views 0 comment Print

IBBI suspends valuer Nitin Ashok Garg for six months due to valuation report discrepancies in East Coast Energy liquidation case.

IBBI suspends Valuer for six months due to valuation discrepancies

February 21, 2025 996 Views 0 comment Print

IBBI suspends Sujit Shrikant Joglekar for six months due to valuation discrepancies in East Coast Energy liquidation.

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