Understand the concept of Authorised Representative (AR) in Corporate Insolvency Resolution Process (CIRP). Learn about the duties, criteria, and selection process for AR, ensuring effective representation of creditors in COC meetings. Explore the role of the Interim Resolution Professional (IRP) in ascertaining the class of creditors and facilitating the appointment of AR in compliance with the Insolvency and Bankruptcy Code, 2016.
Explore an IBC case study on the breach of moratorium. Understand the legal implications, actions taken by NCLT, and the responsibilities of an Interim Resolution Professional. Get insights into sections 17 and 18 of the Insolvency and Bankruptcy Code, 2016. Stay informed on corporate insolvency resolution process intricacies.
Explore an IBC case study on the consequences of a delay in the appointment of valuers. Understand the legal violations, impact on the Corporate Insolvency Resolution Process (CIRP), and implications for the Resolution Professional (RP). Stay informed on Insolvency and Bankruptcy Code intricacies.
Explore the necessity of Committee of Creditors approval for the appointment of Transaction/Forensic Auditor under Section 18 of the Insolvency and Bankruptcy Code, 2016. Understand the role of Forensic Auditors in identifying PUFE Transactions and ensuring compliance with IBC regulations.
Explore the significance of the confidentiality undertaking for the Information Memorandum in corporate insolvency resolution. Learn about the legal framework, sample undertaking, and its implications.
Discover the jurisdiction of officers of Central Tax under GST, including their appointment, powers, and territorial jurisdiction outlined in the CGST Act, 2017.
SCN is vague and cryptic in nature and order in original has been passed beyond the scope of SCN, both are liable to be quashed and set aside.
NEW Rule 37A prescribe mechanism for reversal of ITC by a registered person in event of non-payment of tax by supplier by a specified date and mechanism for re-availment of such credit
Main source of FORM GSTR-2B is Rule 60(7) of CGST Rules which specify that an auto-drafted statement containing details of input tax credit shall be made available to registered person in FORM GSTR-2B, for every month electronically through common portal.
Understand the provisions and notifications of Reverse Charge Mechanism (RCM) under GST. Learn how it affects the liability to deposit tax and widens the scope of levy.