Understand the Insolvency and Bankruptcy Code’s provisions for minimum payments to operational and dissenting financial creditors, including key amendments and the ongoing Supreme Court deliberation on secured creditor entitlements.
Understand Section 43 of the IBC, covering preferential transactions, antecedent debt, look-back periods for related and unrelated parties, and exclusions.
Section 31 of IBC governs resolution plan approval by NCLT, making it binding on all stakeholders. It covers viability checks, moratorium cessation, record submission, and post-approval compliance.
Section 32A of IBC grants immunity to corporate debtors post-resolution but retains liability for prior management and mandates cooperation in investigations.
Understand the Companies Act’s provisions for business commencement in India, including Form INC-20A filing, deadlines, penalties, and exemptions.
Understand the evolving GST implications for renting residential and commercial properties in India, including changes in forward charge and reverse charge mechanisms.
Clarification on GST interest levy when tax is deposited in the Electronic Cash Ledger by the due date but GSTR-3B filing is delayed.
Interest is levied on wrongly availed and utilized ITC under Section 50(3) of CGST Act. Learn how it’s calculated and when it’s applicable.
Explore the implications of GST Rule 37A governing the reversal and re-availment of Input Tax Credit (ITC) in cases of supplier non-payment. Learn about compliance, practical approaches, and time limits.
Explores if GST Appellate Authorities can condone delays beyond the statutory appeal period, referencing recent High Court and Supreme Court views.
