April 2, 2026 : The Goods and Services Tax Appellate Tribunal (GSTAT), Principal Bench, has ruled that homebuyers are not entitled to any input tax credit (ITC) benefit where the entire real estate transaction from booking to construction and payment Read more…
April 2, 2026 : The National Company Law Tribunal (NCLT), Chennai Bench has dismissed an application filed by DBS Bank India Limited (formerly Lakshmi Vilas Bank) seeking recovery of over ₹46 crore towards lease rentals and CIRP-related expenses in the Read more…
April 2, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench-I, has clarified that maintenance and property tax dues arising during the Corporate Insolvency Resolution Process (CIRP) cannot be automatically classified as insolvency resolution process (IRP) costs merely because Read more…
April 2, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has ruled that the Adjudicating Authority under the Insolvency and Bankruptcy Code, 2016 (IBC) lacks jurisdiction to direct refund of Tax Deducted at Source (TDS) on interest Read more…
April 2, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has upheld the dismissal of a Section 9 application under the Insolvency and Bankruptcy Code, 2016, reiterating that insolvency proceedings initiated by a non-existent entity are not Read more…
April 2, 2026 : The Debts Recovery Appellate Tribunal, Chennai has directed the Debts Recovery Tribunal, Madurai to return original title documents to State Bank of India, holding that once a secured asset is sold under the SARFAESI Act and Read more…
April 2, 2026 : The National Company Law Tribunal, Bengaluru Bench, has dismissed an application filed by 78 former employees of Kingfisher Airlines seeking disbursement of their admitted salary dues, holding that the appropriate forum for such relief is the Read more…
April 2, 2026 : The National Company Law Tribunal (NCLT), Mumbai Bench-II has rejected an application seeking early dissolution of Jayesh Lifescience India Private Limited, holding that the commercial wisdom of the Committee of Creditors (CoC) cannot override mandatory statutory Read more…
April 2, 2026 : The Chennai Bench of the National Company Law Tribunal (NCLT) has dismissed an application filed by Tamilnadu Industrial Investment Corporation Limited (TIIC) seeking recall or modification of an already sanctioned scheme of arrangement involving India Forge Read more…
April 2, 2026 : The National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has held that tribunals constituted under the Insolvency and Bankruptcy Code, 2016 (IBC) do not have the jurisdiction to direct refund of Tax Deducted at Source (TDS), Read more…