The NCLT held that consent letters alone were insufficient for dispensing with the secured creditors’ meeting. It directed the meeting to be convened while granting dispensation for other stakeholder meetings where affidavit-based consents were available.
The Kerala High Court held that although the NCLT order was recorded as a consent order, the petitioner could challenge the portion imposing ₹1 lakh per day for non-compliance. The Court granted time to file an appeal before the appellate tribunal.
The ITAT held that the CIT(A) has no power to dismiss an appeal merely for non-prosecution. The appellate authority must adjudicate every appeal on merits and provide reasons as required under Section 250(6).
The Jharkhand High Court granted bail in an alleged fake GST ITC case after considering that the petitioner had remained in custody for more than four months. The Court imposed conditions requiring cooperation with the trial and non-interference with witnesses.
The Allahabad High Court held that fixing the personal hearing and the last date for filing a reply on the same day violated the principles of natural justice. The GST adjudication order was set aside and the matter was remanded for fresh proceedings.
The Delhi High Court held that a reassessment notice issued beyond the prescribed limitation period was without jurisdiction. It quashed both the Section 148 notice and the consequential assessment order.
The ITAT Hyderabad held that certified segmental financial information could not be rejected mechanically without identifying defects. It remanded the issue to the TPO for fresh consideration.
The Allahabad High Court set aside the rejection of a passport renewal NOC after noting prolonged delays in criminal proceedings and directed issuance of the NOC while also examining compliance with earlier judicial directions.
The Patna High Court declined to interfere with the cancellation of GST registration after noting that the first appeal was filed with a delay of 21 months. The Court also observed that no reasons for the delay were placed on record and left open the remedy of a second appeal.
The DRAT upheld the DRT’s refusal to accept the settlement after finding that the bank had not complied with the final order directing refund to the auction purchaser. Both the borrower and the bank’s appeals were dismissed.