Tax dodger gets suspended sentence – Installer Online
Tax dodger gets suspended sentence Installer Online Read the original article here
German business insolvencies up 12.2% in the first half of the year – Reuters
German business insolvencies up 12.2% in the first half of the year Reuters Read the original article here
ITAT directs AO Re-examine Matter in Light of SC Ruling [Read Order]
The Hyderabad bench of Income Tax Appellate Tribunal ( ITAT ) has directed the Assessing Officer to re-examine the issue of outstanding tax claims of the income tax department against a corporate debtor sold as a going concern, in light of the principles laid down by the Supreme Court rulings. The appellant, M/s. RVR Enterprises…
Boutique dairy company Cranky Goat in liquidation, creditors face possible shortfall
Boutique dairy company Cranky Goat in liquidation, creditors face possible shortfall … Read the original article here
‘We leave with full hearts’: Dairy company Cranky Goat goes into liquidation – Stuff
‘We leave with full hearts’: Dairy company Cranky Goat goes into liquidation Stuff Read the original article here
Unconditional Consent by Sole Financial Creditor is sufficient for withdrawal of CIRP Regulations: NCLT [Read Order]
The National Company Law Tribunal, New Delhi, has held that unconditional consent by the sole financial creditor is sufficient for withdrawal of Corporate Insolvency Resolution Process (“CIRP”) regulations. The instant interlocutory application was filed by Mrs. Neha Bhasin; the Resolution Professional of M/s. Victory Electric Vehicles International Limited (“Corporate Debtor”) under section 12A of the…
The battles keep building after Mercedes Group’s demise – The West Australian
The battles keep building after Mercedes Group’s demise The West Australian Read the original article here
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Relief to SBI, Lease Dues Incurred During CIRP Prior to Vesting Date are Payable to Financial Creditor: NCLT
In a ruling in favour of SBI, the Hyderabad bench of the National Company Law Tribunal (NCLT) has held that the lease dues incurred during the corporate insolvency resolution period prior to the vesting date are payable to the financial creditor. The application has been filed by the State Bank of India ( Sole Secured…
ZEE terms IDBI’s ₹225 cr insolvency petition as malicious, meritless
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Zee Entertainment Enterprises Ltd has informed the bourses that IDBI Bank Limited has filed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 (read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016)…