Madras High Court: Guidelines Issued to Eradicate Manual Scavenging  ||  Ker. HC: Payment of Interest Can’t be Reviewed or Added While Enforcing Foreign Award  ||  Del. HC: ED Cannot Invoke Section 50 of PMLA Against Citizens Who Aren’t Suspects  ||  SC: Without Examining Lawfulness of 'Minutes of Order' Filed by Advocates, Orders Cannot be Passed  ||  Meg. HC: POCSO Conviction Upheld, Accused and Victim had Lust and Infatuation  ||  Del. HC: Police Protection Granted to Transgender Person for Filing Nominations for Lok Sabha Polls  ||  Bom. HC: Bail Denied to Man Accused of Sexually Abusing a Child for Nine Years  ||  SC: Appropriate Rites and Ceremonies Need to be Performed to Make a Hindu Marriage Valid  ||  Del. HC: Litigation Related to Tenancy Unfortunately Takes More Than a Decade to Fructify  ||  Jh. HC: Process of Constituting Transgender Welfare Board Must be Expedited    

INSOLVENCY - I-T Department, Other Tax Agencies can Initiate Insolvency: NCLAT - (22 Mar 2019)

INSOLVENCY

National Company Law Appellate Tribunal (NCLAT) has held that Income Tax department of central government and other local authorities “who are entitled for dues arising out of existing law” can initiate corporate insolvency resolution process against such companies who owe them the dues.

Tags : NCLAT   INCOME TAX DEPARTMENT   INSOLVENCY  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved