Tax Guru23h
NCLT Dismisses Insolvency Petition U/s 9 of IBC by Akshay Kumar Against CueMath
The case involves an application by Akshay Kumar Bhatia under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, ...
NCLT orders liquidation of budget airline Go First
The airline had first filed a plea seeking admission to the Corporate Insolvency Resolution Process (CIRP) under IBC in May ...
Tax Guru1d
Invocation of revision proceedings after approval of resolution plan not justified: ITAT Ahmedabad
ITAT Ahmedabad held that invocation of Revision proceedings under section 263 of the Income Tax Act after approval of the ...
NCLT approves liquidation of Go First Airways amid insolvency crisis
The NCLT has ordered the liquidation of Go First on a plea filed by the airline's Committee of Creditors; airline faced ...
IBC: Striking a balance between corporate revival and challenges
Finance Minister Nirmala Sitharaman’s commitment to strengthening the code, as emphasized in the 2023 Union Budget, offers ...
Live Law14d
Supreme Court Dismisses Builder's Plea To Confine Insolvency Process To Single Real Estate Project
The Supreme Court recently dismissed an appeal seeking to confine Corporate Insolvency Resolution Process (CIRP) of Spaze ...
devdiscourse2d
Tulip Hotels Faces Liquidation After Failed Insolvency Resolution
Tulip Hotels is set for liquidation following an unsuccessful insolvency resolution process. The Mumbai bench of the National Company Law Tribunal (NCLT) initiated the Corporate Insolvency Resolution ...
Dataquest7d
Byju’s Insolvency: Employee Claims and Ongoing Verification
Byju's corporate insolvency resolution process (CIRP) disclosed important claims made by workers. These workers are demanding ...
Nuvoco-Vadraj deal via insolvency route valued at up to Rs 3,000 crore
Nuvoco announced it had emerged as the successful applicant for Vadraj Cement in the corporate insolvency resolution process ...