What is EXIM Policy? EXIM or Export-Import Policy or as now called, the Foreign Trade Policy of India is a set of guidelines to govern the imports and exports of services and products in and out of India. It is issued and Read More
Court Name -NCLAT/Company Appeal (AT)(Insolvency) No- 1340 of 2023Key Issue- Operational (IBC matter (U/s 27)Subject – No adjudication allowed for IRP who have been replaced by CoCParties- Partha Sarthy Sarkar vs Unit Trust of India Ltd & othersBench comprising -Justice Ashok Bhushan Read More
Court /Authority Name- NEFRA (National Financial Reporting Authority) videOrder No-001/2024 ,U/s 132(4) (C ) of The Company Act 2013Key Issue- Procedural Misconduct (Income Tax Act & Company Act)Subject- Misconduct of CA found in SUO MOTO verification by Income TaxDepartment (Investigation)Adjudicated by- Mr Read More
Court – Income Tax Appellate Tribunal (ITAT) Hyderabad ‘B’ BenchKey Issue –Operational/ Exemption under S. 54F of IT ActSubject – Exemption under Section 54F of IT Act not available on property predominantly being usedfor Religious purposesParties – Asst. CIT vs Shri Iqbal Read More
What is Section 14 of the Insolvency and Bankruptcy Code, 2016? Section 14 of the Insolvency and Bankruptcy Code, 2016 (IBC) provides for adeclaration of moratorium by the Adjudicating Authority in regards to a CorporateDebtor undergoing Corporate Insolvency Resolution Process (CIRP). The Read More