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Corporate Law

NCLAT Overturns Dismissal of Restoration Application in Swadarshan Dairy's Insolvency Case

NCLAT Overturns Dismissal of Restoration Application in Swadarshan Dairy's Insolvency Case

Consequently, the NCLAT allowed the restoration application and reinstated the main petition to its original status. The...

IRCTC Wins Appeal Against Service Tax Demand on Food Plaza Operations

IRCTC Wins Appeal Against Service Tax Demand on Food Plaza Operations

This landmark judgment may set a precedent for similar cases where the nature of agreements and the intention of parties...

NCLAT Upholds NCLT's Decision Declaring Lease Deed Void in Jupiter Spun Pipes Case

NCLAT Upholds NCLT's Decision Declaring Lease Deed Void in Jupiter Spun Pipes Case

The NCLAT's decision is pivotal as it reinforces legal protocols in handling allegations of document forgery within inso...

NCLAT Chennai Upholds Tribunal's Decision for Actual Asset Possession in CIRP

NCLAT Chennai Upholds Tribunal's Decision for Actual Asset Possession in CIRP

The ruling underscores the importance of adhering to statutory requirements in CIRP proceedings, preventing any deviatio...

Insolvency Code Timelines - Belated Building Tax claim Rejected

Insolvency Code Timelines - Belated Building Tax claim Rejected

The Tribunal highlighted the importance of adhering to prescribed timelines in insolvency proceedings to ensure fairness...

CESTAT Verdict: Examination Fees Not Taxable Under Manpower Recruitment Services

CESTAT Verdict: Examination Fees Not Taxable Under Manpower Recruitment Services

The judgment offers clarity on the taxability of services provided by government-established bodies, reaffirming the imp...

NCLAT Directs Adjudicating Authority to Follow Proper Procedure for Replacement of Resolution Professional

NCLAT Directs Adjudicating Authority to Follow Proper Procedure for Replacement of Resolution Professional

The NCLAT's decision underscores the importance of procedural compliance and the principles of natural justice in insolv...

NCLAT Upholds Assignment of GST Debt in CIRP, Dismisses Appeal by Ellison Oil Field Services

NCLAT Upholds Assignment of GST Debt in CIRP, Dismisses Appeal by Ellison Oil Field Services

The judgment reinforces the flexibility within the IBC framework, enabling the assignment of debts to facilitate the res...

NCLAT Chennai Quashes Waiver Granted to Non-Members of Madras Race Club

NCLAT Chennai Quashes Waiver Granted to Non-Members of Madras Race Club

The ruling serves as a reminder of the stringent requirements under the Companies Act, ensuring that only those with a l...

NCLAT Expunges Stigmatic Remarks Against SBI Officials and Counsel

NCLAT Expunges Stigmatic Remarks Against SBI Officials and Counsel

Additionally, the NCLAT modified the directive regarding communication of the NCLT's order to SBI's senior officials. In...

NCLT Ruling: IRP Fees Not Payable During CIRP Stay, Settlement Closure Not a Withdrawal

NCLT Ruling: IRP Fees Not Payable During CIRP Stay, Settlement Closure Not a Withdrawal

This ruling provides clarity on the financial and procedural expectations for IRPs during stays and post-settlement scen...

Differentiation between "Clearing and Forwarding Agent Services" and "Goods Transport Agency Services"

Differentiation between "Clearing and Forwarding Agent Services" and "Goods Transport Agency Services"

The judgment clarifies that under Section 65B(26) of the Finance Act, 1994, transportation of goods by road qualifies as...

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