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NATIONAL COMPANY LAW APPELLATE TRIBUNAL
NCLAT issues notices to lenders on Subhash Chandra’s plea against NCLT orderNCLAT has issued notices to lenders on Essel Group chairman Subhash Chandra’s plea challenging an NCLT order that constituted a five-member...- Rs 9.91 lakh income tax refund for senior citizen after proving that he mistakenly paid income tax on tax-free bonds; ITAT Delhi order explainedMr Ajay Kumar Bakaya a senior citizen from Gurgaon faced a significant tax issue when he accidentally overpaid income tax on his tax-free b...
- NCLAT issues notice to creditors on Subhash Chandra's Plea; sets next hearing for Oct 29-30The National Company Law Appellate Tribunal will hear Subhash Chandra's appeal regarding his personal insolvency on specific dates. Chandra...
- Mumbai EOW probes Suraksha Realty promoter’s fraud allegations over JIL DealMumbai Police’s Economic Offences Wing is probing allegations by Suraksha Realty director Vijaykumar Mohanlal Parekh against fellow promote...
- Apple and Amazon face revived UK consumer lawsuit over product salesIn a significant legal ruling, a UK tribunal has allowed portions of a consumer lawsuit against Apple and Amazon to proceed. The lawsuit al...
- NCLAT dismisses Affle 3i's plea against insolvency of Talent Unlimited Online ServicesNCLAT has dismissed an appeal by Affle 3i Ltd concerning insolvency proceedings against Talent Unlimited Online Services Pvt Ltd. The dismi...
- Purchased property below market value, filed no ITR, got income tax notice, paid the tax but asked to pay Rs 70,000 penalty; ITAT Delhi gives full reliefRs 70,000 penalty imposed on man for buying property below market value even though he paid the due tax after getting a notice; ITAT Delhi ...
- Anti-Sharia rhetoric surges in US as Muslim Americans push back against attacks on faithTexas politicians, including Senator Ted Cruz and Governor Greg Abbott, have renewed their focus on anti-Sharia rhetoric. Muslim leaders ar...
- McNally Bharat: ED probes 'backdoor return' of old power network via IBCEnforcement Directorate has traced ₹105 crore of cash infusion to McNally Bharat Engineering from Vishwa Group entities. The funds moved th...
- Tata Sons plans AGM within a month, may approach NCLT if SRTT freeze blocks quorumTata Sons intends to organize its annual general meeting following a previous deferral due to quorum issues. The company is considering leg...
- Subhash Chandra moves NCLAT, challenges NCLT 5-member bench order against alienation of assetsSubhash Chandra has approached the NCLAT challenging a five-member NCLT bench order that stayed a third member’s decision approving his Rs ...
- IBBI allows liquidators to modify stakeholder list on new informationUnder the earlier regime the liquidator could not change this list independently and had to apply to the Adjudicating Authority- usually th...
- SC asks Centre to provide details of vacancies in Debt Recovery Appellate TribunalsThe Supreme Court on Monday asked the Centre to provide details of vacancies in tribunals, particularly Debt Recovery Appellate Tribunals, ...
- How will tribunals function if no infrastructure? SC directs Centre to identify amenities requiredThe Supreme Court on Monday directed the Centre to urgently identify infrastructure requirements at National Company Law Tribunal benches i...
- Supertech insolvency: NCLAT raises concern over delay in appointing IRP, slippage on deadlineConcerns have been raised by the NCLAT regarding NBCC's significant delays in the construction of Supertech projects, while criticism mount...
- Delhi High Court raps ITAT over Patanjali tax appeals; cites 'undue haste' and 'non-application of mind' in proceedingsThe Delhi High Court criticized the Income Tax Appellate Tribunal for its procedural lapses. The tribunal's actions in a Patanjali Ayurved ...
- Insolvency appeals are time-bound, no leeway beyond 45 days: NCLATThe NCLAT stressed insolvency proceedings are time-bound and appeals must be filed promptly. An appeal against a revival order was rejected...
- Delhi HC quashes seven ITAT orders in Patanjali case, flags 'shocking' procedural lapses and undue hasteThe Delhi High Court has quashed seven orders passed by the Income Tax Appellate Tribunal (ITAT) in a batch of cross-appeals involving Pata...
- SC asks Centre to consider extending tenure of retiring members of tribunalsThe Supreme Court urged the Centre to extend tribunal member tenures temporarily. This measure aims to prevent quasi-judicial bodies from b...
- Peerless Roys win 3-decade legal battle for control of 94-year conglomerate after Supreme Court rulingThe Roy family has secured control of the Peerless conglomerate after a long legal dispute. The Supreme Court dismissed a petition, ending ...
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