CIRP plea admitted against a corporate debtor for failing to repay debt and non-adherence to terms of the settlement deed

Case Details: DBS Bank Ltd. … Continue reading “CIRP plea admitted against a corporate debtor for failing to repay debt and non-adherence to terms of the settlement deed”

RBI didn’t act beyond its jurisdiction in superseding the board of defaulting NBFC and appointing a new administrator

Case Details: Adisri Commercial (P.) … Continue reading “RBI didn’t act beyond its jurisdiction in superseding the board of defaulting NBFC and appointing a new administrator”

Madras HC allowed refund applications filed after 2 years in April, 2021 for period of June, 2018 and August, 2018

Case Details: GNC Infra LLP … Continue reading “Madras HC allowed refund applications filed after 2 years in April, 2021 for period of June, 2018 and August, 2018”

Services provided in relation to operational, accounting, training and recruitment etc. couldn’t be treated as FTS : ITAT

Case Details: Inter Continental Hotels … Continue reading “Services provided in relation to operational, accounting, training and recruitment etc. couldn’t be treated as FTS : ITAT”

Amazon fined Rs.202 crores for not disclosing its true purpose of gaining ‘foot-in-the-door’ in the Indian retail sector

Executive Summary The Competition Commission … Continue reading “Amazon fined Rs.202 crores for not disclosing its true purpose of gaining ‘foot-in-the-door’ in the Indian retail sector”

No GST on pre & post examination related services provided to Educational Boards, Council and Universities: AAR

Case Details: Authority for Advance … Continue reading “No GST on pre & post examination related services provided to Educational Boards, Council and Universities: AAR”

CBIC issued clarification on various issues relating to shift in GST liability from restaurant to Food aggregators

Circular No. 167/ 23/2021 – … Continue reading “CBIC issued clarification on various issues relating to shift in GST liability from restaurant to Food aggregators”