Series of adjournments granted to assessee indicates that hearing opportunity was granted; assessment order valid

Case Details: Unisource Hydro Carbon … Continue reading “Series of adjournments granted to assessee indicates that hearing opportunity was granted; assessment order valid”

Supply of medicines, implants etc. to patients admitted to hospital is a composite supply where principal supply is healthcare services

Case Details: Authority for Advance … Continue reading “Supply of medicines, implants etc. to patients admitted to hospital is a composite supply where principal supply is healthcare services”

Proprietary concern is entitled to file CIRP application as an operational creditor as contemplated u/s 2(f): NCLAT

Case Details: Fipola Retail (India) … Continue reading “Proprietary concern is entitled to file CIRP application as an operational creditor as contemplated u/s 2(f): NCLAT”

NCLT’s direction to settle a claim even after finding existence of debt and its default was to be set aside: NCLAT

Case Details: Dyanamic Engineers Ltd. … Continue reading “NCLT’s direction to settle a claim even after finding existence of debt and its default was to be set aside: NCLAT”

Now LLPs can file ‘Statement of Account and Solvency’ in e-form 8 without additional fees up to Dec 30, 2021: MCA

Circular No. 16/2021, Dated 26.10.2021 … Continue reading “Now LLPs can file ‘Statement of Account and Solvency’ in e-form 8 without additional fees up to Dec 30, 2021: MCA”

90-days window in Liquidation Regulations to make payment by successful bidder applies retrospectively: NCLAT

Case Details: Sundaresh Bhat Liquidator … Continue reading “90-days window in Liquidation Regulations to make payment by successful bidder applies retrospectively: NCLAT”