The borrower who neither paid debt nor replied to notice was to be estopped from challenging the violation of Section 13(3A), rules SC

Case Details: Arce Polymers (P.) … Continue reading “The borrower who neither paid debt nor replied to notice was to be estopped from challenging the violation of Section 13(3A), rules SC”

More than 3 crores ITRs filed on new e-filing portal; CBDT requests taxpayers to file ITR for AY 2021-22 at earliest

Press Release, dated 05-12-2021 The … Continue reading “More than 3 crores ITRs filed on new e-filing portal; CBDT requests taxpayers to file ITR for AY 2021-22 at earliest”

CESTAT set aside the order increasing value of imported goods due to classification dispute as drawback was available

Case Details: J.B. and Brothers … Continue reading “CESTAT set aside the order increasing value of imported goods due to classification dispute as drawback was available”

NCLT can’t rely on residuary powers to allow withdrawal of resolution plan on plea of Successful Resolution Applicant

Case Details: Committee of Creditors … Continue reading “NCLT can’t rely on residuary powers to allow withdrawal of resolution plan on plea of Successful Resolution Applicant”