April 10, 2026 : The National Company Law Appellate Tribunal (NCLAT) has upheld the initiation of Corporate Insolvency Resolution Process (CIRP) against Supreme Best Value Kolhapur (Shiroli) Sangli Tollways Pvt. Ltd., holding that the existence of a favourable arbitral award does Read more…
April 10, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has condoned a delay of 470 days in filing a claim by Federal Bank Limited in bankruptcy proceedings against personal guarantor Reena Paul, holding that the delay was Read more…
April 10, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that a final assessment order passed without first issuing a draft assessment order under Section 144C(1) of the Income Tax Act is legally untenable Read more…
April 10, 2026 : The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that concessional customs duty cannot be denied merely for procedural non-compliance when the importer has satisfied the substantive conditions of an Read more…
April 10, 2026 : The Customs, Excise and Service Tax Appellate Tribunal, Principal Bench, New Delhi, has set aside a customs duty demand of ₹31.40 lakh against K.A. Enterprises, holding that allegations of excess imports under the IGCR framework cannot Read more…
March 10, 2026 : The Mumbai Bench-II of the National Company Law Tribunal (NCLT) has ruled that refundable security deposits of post-paid telecom subscribers and unspent balances of prepaid users must be treated as operational debt and included in the Read more…
April 9, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has ruled that a High Court cannot direct exclusion of time or condonation of delay after refusing to entertain a writ petition on the ground of availability of Read more…
April 9, 2026 : The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi has held that an importer cannot be saddled with differential customs duty merely because the Retail Sale Price (RSP) of goods is increased by independent Read more…
April 9, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench has dismissed an appeal filed by GK Ispat Private Limited, reiterating that claims not filed within the prescribed timeline or lacking proper substantiation cannot be entertained at Read more…
April 9, 2026 : The Allahabad Bench of the National Company Law Tribunal (NCLT) has admitted a Section 9 application filed by Aarti Industries Limited against Magma Industries Limited, initiating the Corporate Insolvency Resolution Process (CIRP) after finding clear evidence Read more…