Search Results for Tag : Balance
Judgments
Any amount over and above Central Government Health Scheme rates can’t be reimbursed(26.06.2023)
Petitioner assails judgment and order passed by Central Administrative Tribunal, Mumbai dismissing the Original Application. The Original Application .....
Tags : Reimbursement, Balance amount, Entitlement
Notifications & Circulars
Reserve Bank of India (Financial Statements-Presentation and Disclosures) Directions, 2021-Reporting of reverse repos with Reserve Bank on the bank's balance sheet(19.05.2022)
1. Please refer to the 'Notes and Instructions for Compilation' given in Part A of Annexure II to the Reserve Bank of India (Financial Statements-Pres.....
Tags : Reporting, Reverse repos, Balance sheet
News
Delhi HC: AO & PCIT Failed to Consider Balance of Convenience And Irreparable Injury(19.05.2022)
Delhi High Court has held that neither the Assessing Officer (AO) nor the Principal Commissioners of Income Tax (PCIT) have considered the three basic.....
Tags : Delhi High Court, Assessing Officer, Principal Commissioners of Income Tax, prima facie, balance of convenience, irreparable injury
SC: Entries in Balance Sheets Can Amount to Acknowledgement of Debt(16.04.2021)
Supreme Court has held that entries in balance sheets can amount to acknowledgement of debt for the purpose of extending limitation under Section 18 o.....
Tags : Supreme Court, Entries in Balance Sheets
SC: Failure to Pay Balance Within 15 Days Voids Auction under Maharashtra Co-Operative Rules(02.03.2026)
SC held that auction under Maharashtra Co-operative Societies framework is void ab initio if full purchase price is not deposited within prescribed ti.....
Tags : Balance, Auction, Maharashtra Co-operative Societies Rules
Balance Sheets entries can amount to acknowledgement of debt for purpose of extending limitation(15.04.2021)
In present matter, Corporate Power Ltd. ["the corporate debtor"] set up a thermal power project in Jharkhand, and for so doing, availed of loan facili.....
Tags : Balance Sheets, Entries, Provision, Applicability
NCLT, Kochi: Entry in Balance Sheet Amounts to Acknowledgment of Liability(23.02.2022)
National Company Law Tribunal, Kochi has reiterated that acknowledgement of debt in the balance sheet of the Corporate Debtor comes within the meaning.....
Tags : National Company Law Tribunal, Entry in Balance Sheet
SC: Entries in Balance Sheet of Corporate Debtor Can be Treated as Acknowledgment of Liability(02.08.2022)
Supreme Court has held that the entries in Books of Account/Balance sheet of a company can be treated as acknowledgement of liability in respect of de.....
Tags : Supreme Court, Balance Sheet, Liability, Financial Creditors
SC: Entry in Balance Sheet Amounts to Valid Acknowledgement(31.07.2025)
Supreme Court while reviving the dismissed insolvency plea filed by IL&FS, has reaffirmed that an entry in a company's balance sheet amounts to a vali.....
Tags : Supreme Court, Section 18, Balance Sheet
Kar. HC: Sufficient Bank Bal. Not Absolute Pre-requisite to Establish Readiness to Execute Agreement(24.01.2024)
Karnataka High Court has held that although it is relevant to consider the bank balance of a party while considering the matters of readiness and will.....
Tags : Karnataka High Court, Sale Agreement, Bank Balance
#Economic Survey 2021-2022: Impact of Pandemic on Balance of Payments(31.01.2022)
India’s balance of payments remained in surplus throughout the last 2 years, allowing the Reserve Bank of India to keep accumulating foreign exchange .....
Tags : Economic Survey, Balance of Payments
SC: No Compulsion for Companies to Give Names of All Secured/Unsecured Creditors in Balance Sheet(24.10.2024)
Supreme Court while dismissing plea of corporate debtor's suspended director against initiation of CIRP, has observed that it is not compulsory for co.....
Tags : Supreme Court, Unsecured Creditors, Balance Sheet, Secured Creditors
ITAT, Delhi: Unsigned Balance Sheets Not Admissible as Evidence(02.03.2020)
Income Tax Appellate Tribunal (ITAT), Delhi has held that the unsigned balance sheets by Auditor or the Director of Company cannot be treated as relia.....
Tags : Income Tax Appellate Tribunal, Unsigned Balance Sheets
NCLAT: Assignee’s Name Absent in Balance Sheets Doesn’t Negate Applicability of Limitation Act(06.05.2025)
NCLAT New Delhi bench has held that absence of assignee’s name to whom debt was assigned, from the balance sheets does not negate the applicability of.....
Tags : NCLAT New Delhi, Balance Sheets, Section 18
Madras HC: Law should not Hinder Reconciliation(25.07.2016)
Madras HC, while quashing case registered against a family under Section 498A of IPC, has said that courts are expected to take balanced and holistic .....
Tags : Madras HC, balanced and holistic approach
Balance acquired land can be used for other public purpose(05.11.2015)
The Punjab and Haryana High Court dismissed petitions that land acquired by the government for construction and maintenance of a Master Plan road, but.....
Tags : Land acquisition, marginal, balance land, public purpose
NCLAT: Assets Reflecting in Corporate Debtor’s Balance Sheet form Part of Liquidation Estate(07.04.2025)
NCLAT New Delhi bench has held that assets reflecting in the Corporate Debtor’s balance sheet form part of the liquidation estate under Section 36 of .....
Tags : NCLAT New Delhi, Corporate Debtor, Balance Sheet
Delhi HC: AO & PCIT Failed to Consider Balance of Convenience And Irreparable Injury(19.05.2022)
Delhi High Court has held that neither the Assessing Officer (AO) nor the Principal Commissioners of Income Tax (PCIT) have considered the three basic.....
Tags : Delhi High Court, Assessing Officer, Principal Commissioners of Income Tax, prima facie, balance of convenience, irreparable injury
AIFIs to submit balance sheets, consolidated prudential reports(23.06.2016)
RBI introduced the Reserve Bank of India (Financial Statements of All India Financial Institutions - Presentation, Disclosure and Reporting) Direction.....
Tags : all india financial institutions, disclosure, balance sheet, yearly