April 17, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has held that a dissenting financial creditor has no locus to intervene in disputes between the Successful Resolution Applicant (SRA) and the Resolution Professional (RP) once a resolution Read more…
April 7, 2026 : The New Delhi Bench (Court-II) of the National Company Law Tribunal (NCLT) has admitted four insolvency petitions filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by J.C. Flowers Asset Reconstruction Pvt. Ltd. Read more…
April 17, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that a cash receipt arising from a duly substantiated transaction for the sale of agricultural land cannot be taxed as unexplained cash credit under Read more…
April 17, 2026 : The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has reaffirmed that delay in filing an appeal under Section 128(1) of the Customs Act, 1962 cannot be condoned beyond the statutory outer Read more…
April 17, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favour of Shreepati Build Infra Investment Limited, holding that losses arising from investments and loans advanced to a wholly owned foreign subsidiary for Read more…
April 17, 2026 : The Delhi Bench ‘A’ of the Income Tax Appellate Tribunal (ITAT) has ruled that reassessment proceedings initiated beyond three years cannot be sustained unless the Revenue establishes that the alleged escaped income is represented in the Read more…
April 17, 2026 : The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside a demand of ₹3.63 crore raised against The India Cements Ltd., holding that CENVAT credit cannot be denied merely because Read more…
April 17, 2026 : The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has dismissed a Section 9 application filed by A.T. Trade Overseas Pvt. Ltd. seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Electrotherm (India) Ltd., holding Read more…
April 17, 2026 : The National Company Law Tribunal (NCLT), Ahmedabad Bench has held that where an operational debt is denominated in foreign currency, its conversion into Indian Rupees for determining the threshold under Section 4 of the Insolvency and Read more…
April 17, 2026 : The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has set aside additions aggregating to ₹60.60 lakh made under Section 69A of the Income-tax Act, 1961, holding that the Assessing Officer (AO) acted on incorrect appreciation of Read more…