Commissions, Forums & Tribunals NCLT Allahabad Admits Section 9 Plea Against Magma Industries; ₹8.21 Crore Default Triggers CIRP Dr. K. S. MishraApril 10, 2026April 30, 20263 mins April 9, 2026 : The Allahabad Bench of the National Company Law Tribunal (NCLT) has admitted a Section 9 application…
Commissions, Forums & Tribunals NCLT Jaipur Sanctions Demerger of Vishal Personal Care into Bajaj Consumer Care Team Law NotifyApril 10, 2026April 17, 20262 mins April 9, 2026 : The National Company Law Tribunal (NCLT), Jaipur Bench, has approved a scheme of arrangement for the…
Commissions, Forums & Tribunals NCLT Chandigarh: Once CIRP Is Set Aside After Settlement With Initiating Creditor, No Further Claims Maintainable Team Law NotifyApril 10, 2026April 17, 20262 mins April 9, 2026 : The Chandigarh Bench of the National Company Law Tribunal (NCLT) has held that once a corporate…
Commissions, Forums & Tribunals NCLT Chandigarh: Financial Creditor Must Bear CIRP Costs if Insolvency Proceedings Are Set Aside Team Law NotifyApril 10, 2026April 17, 20262 mins April 9, 2026 : The National Company Law Tribunal (NCLT), Chandigarh Bench, has held that where a corporate insolvency resolution…
Commissions, Forums & Tribunals CESTAT Sets Aside ₹20,000 Penalty on Time Avenue, Finds No Evidence of Knowledge in RSP Misdeclaration Case Team Law NotifyApril 10, 2026April 17, 20262 mins April 9, 2026 : The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Principal Bench, New Delhi, has set aside…
Commissions, Forums & Tribunals NCLAT: Auction Purchaser of Shares Bound by Transferor’s Non-Compete Obligations Under JV Agreement Team Law NotifyApril 9, 2026April 12, 20262 mins April 9, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that a purchaser…
Commissions, Forums & Tribunals CESTAT: Service Tax Refund on Cancelled Construction Projects Not Time-Barred; Matter Remanded for Unjust Enrichment Check Team Law NotifyApril 9, 2026April 16, 20262 mins April 8, 2026 : The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled…
Commissions, Forums & Tribunals NCLAT Refuses Restoration of Section 9 Petition Beyond 30 Days, Says Inherent Powers Cannot Override Statutory Limitation Team Law NotifyApril 9, 2026April 12, 20262 mins April 8, 2026 : The National Company Law Appellate Tribunal (NCLAT) has declined to restore a Section 9 insolvency petition…
Commissions, Forums & Tribunals NCLT Kochi Rejects CoC-Approved Resolution Plans for Statutory Non-Compliance, Sends Back for Reconsideration Team Law NotifyApril 9, 2026April 13, 20263 mins April 8, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has reiterated that approval of a resolution plan by…
Commissions, Forums & Tribunals ITAT Ahmedabad: AO Cannot Treat Recorded Sales as Bogus Without Verification; Orders 9% GP Recalculation Team Law NotifyApril 9, 2026May 1, 20262 mins April 8, 2026 : The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that additions under Section 68 of…
