Supreme Court: Inherent Powers Under Rule 11 of NCLT Cannot Circumvent Withdrawal Procedure Under Section 12A of IBC and Regulation 30AThe Supreme Court bench, comprising Chief Justice of India D.Y....
Delhi High Court: Article 227 Can Be Invoked to Intervene in Commercial Court Orders Affected by Erroneous Legal InterpretationThe Delhi High Court bench, comprising Justices Yashwant Varma and...
Supreme Court: High Court Lacks Justification to Defer CIRP Under Article 226 of theConstitutionThe Supreme Court has ruled that banks can claim tax deductions for broken-period interest on Held to...
Bombay High Court Overturns Assessment, Criticizes AO's Lack of Inquiry and CIT(A) & ITAT's Mechanical Endorsement of Expense DisallowanceThe Bombay High Court has quashed the Income Tax Appellate...
Allahabad High Court: Res Judicata Does not Apply To Tax Matters, Doctrine of Finality Prevails Unless There Is A There Is Marked Change The Allahabad High Court ruled that the principle of res...
Supreme Court: NCLT Possesses Inherent Power to Revoke Approval of Resolution Plan Not In Accordance With IBC The Supreme Court has observed that the Adjudicating Authority (AA), referring to the...
