CIRP Plea Against Respondent Was to Be Admitted as CD’s Balance Sheet Showed Defaults in Short-Term Borrowings | NCLT

Case Details: IDBI Bank v. … Continue reading “CIRP Plea Against Respondent Was to Be Admitted as CD’s Balance Sheet Showed Defaults in Short-Term Borrowings | NCLT”

HC Dismissed Petition Challenging Assessment Order Since Assessee Had Sufficient Opportunities During Assessment Process

Case Details: Tvl. Sakthi Ganesh … Continue reading “HC Dismissed Petition Challenging Assessment Order Since Assessee Had Sufficient Opportunities During Assessment Process”

Dept. Should Consider Assessee’s Representation to Extend Time for Making Payment Since Recovery Notice Was Issued | HC

Case Details: ACP Business Enterprises … Continue reading “Dept. Should Consider Assessee’s Representation to Extend Time for Making Payment Since Recovery Notice Was Issued | HC”

Pledger-In-Default, Can’t Claim Voting Rights on Pledged Shares; HC Upholds Pledgee’s Right to Exercise Voting | HC

Case Details: Rahul Dilip Shah … Continue reading “Pledger-In-Default, Can’t Claim Voting Rights on Pledged Shares; HC Upholds Pledgee’s Right to Exercise Voting | HC”

Discrepancy Between Property Values in ATS and Sale Deed Constitutes a Prima Facie Case for Income Escaping Assessment

Case Details: Smt. Geeta Devi … Continue reading “Discrepancy Between Property Values in ATS and Sale Deed Constitutes a Prima Facie Case for Income Escaping Assessment”

[Opinion] ROC Slaps Rs.16 Lakh Penalty on Co. And Its Directors for Exceeding Prescribed Director’s Remuneration Limit – A Case Study

1. Background of the case … Continue reading “[Opinion] ROC Slaps Rs.16 Lakh Penalty on Co. And Its Directors for Exceeding Prescribed Director’s Remuneration Limit – A Case Study”