Search Results for "Appellate Tribunal"

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Dispute Over Insolvency Proceedings and Settlement. A pivotal judgment addressing the scope of inherent powers under Rule 11 of NCLAT Rules for settling insolvency proceedings before the constitution of the Committee of Creditors.

The Supreme Court of India examined the legality of a settlement approved by the National Company Law Appellate Tribunal (NCLAT), which was challenged...

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"Supreme Court Upholds NCLAT's Admission of CIRP Application Against Corporate Debtor" Acknowledgment of debt in balance sheets and OTS letters extend the limitation period under Section 18 of the Limitation Act.

The Supreme Court dismissed an appeal challenging the initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor by UCO...

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"Bombay High Court Rules on Deemed Registration of Trusts Under Income Tax Act" "Trust's registration deemed granted due to CIT's delayed response."

The Bombay High Court ruled that the Respondent was entitled to a deemed registration under the Income Tax Act (Section 12AA) due to the failure of t...

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"Supreme Court Decides on AERA's Right to Appeal: Can Regulatory Authorities Challenge Their Own Decisions?" "Clarifying the distinction between regulatory and quasi-judicial functions in appeal maintainability."

Authority of India (AERA) before the Supreme Court against the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) under the Airport Economic R...

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Suspension of Resolution Professional Confirmed by Bombay High Court. Bombay High Court dismisses the writ petition challenging the suspension of Resolution Professional’s registration for failure to perform duties as per IBC regulations.

The High Court of Bombay upheld the decision of the Disciplinary Committee of the Insolvency and Bankruptcy Board of India (IBBI) to suspend the petit...

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"High Court Allows Director's Fraud Allegation Against Loan Sanction to Proceed in Civil Court" "Commercial Court's rejection overturned as fraud claims bypass SARFAESI Act jurisdiction."

The petitioner, against the rejection of his plaint by the Commercial Court under Order 7 Rule 11 CPC on grounds of being barred by Section 34 of the ...

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A Judicial Analysis of Bogus Purchases and Disallowances.

The Bombay High Court addressed three income tax appeals filed by Appellant challenging the findings of the Income Tax Appellate Tribunal (ITAT) and t...

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High Court Upholds Exemption for Shirdi Sai Baba Trust's Anonymous Donations Religious and Charitable Trust Entitled to Tax Exemption Under Section 115BBC(2)(b)

The Bombay High Court, involves the appeals by the Commissioner of Income Tax (CIT) challenging the Income Tax Appellate Tribunal's (ITAT) decision in...

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"High Court Denies Hindustan Unilever Ltd.’s Writ Petition Against Income Tax Demand; Directs Appeal as Remedy" "Jurisdictional authority and tax compliance obligations scrutinized in a high-value international intellectual property rights acquisition."

The Bombay High Court dismissed Hindustan Unilever Ltd.'s writ petition challenging a demand raised by the Deputy Commissioner of Income Tax under Sec...