NCLAT Delhi ruled that financial creditors who are allottees under RERA must meet the threshold criteria to file a Section 7 application under IBC. Learn more about the judgment.
Read the full text of the NCLAT judgment/order in A. Vijayan & Ors. vs Silver Line Retreat Hotels Pvt. Ltd. Understand why the tribunal criticized the filing of voluminous records and how it impacts legal proceedings.
Submission of Appellant that since guarantee has not been invoked there is no debt cannot be accepted. Guarantee continues to bind Corporate Guarantor to discharge its liability and fact that as on date, guarantee has not been invoked, cannot be a ground for Appellant to be liquidated under Section 59 of IBC.
Detailed analysis of the Delhi High Court judgment in Ace Cardiopathy Solutions Pvt Ltd Vs Union of India, addressing issues with GST notice visibility and compliance.
Detailed analysis of Delhi High Court’s judgment on cancellation of GST registration due to non-filing of returns. Key implications discussed.
In Commissioner of Central Excise vs. Miraj Products Pvt Ltd, Supreme Court rules chewing tobacco in HDPE bags not retail products under Excise Act. Detailed analysis of judgment.
Bombay High Court quashes notices issued under Section 148 due to non-compliance with Section 151A, following the Hexaware Technologies Ltd. ruling.
Delhi High Court rejects GST order against Lakshman Pran Data Enterprises, citing failure to provide personal hearing and inadequate reasoning. Read the full judgment here.
Read the detailed analysis of Renault Nissan Automotive India Pvt Ltd vs DCIT case where ITAT Chennai grants relief on bonus disallowance under section 43B of Income Tax Act.
Delhi High Court sets aside GST cancellation of Olive Traders due to lack of fair hearing on merits. Read full judgment and analysis here.
