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    Special Economic Zones Rules amendment extends Form H time limit and revises the Annexure-I quarter reference.
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      In insolvency claim verification, a resolution professional may...

      Claim verification in insolvency: unsupported farmer compensation failed, and lease charges were limited to the insolvency commencement date.

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      IBCJuly 3, 2026Case LawsAT
      In insolvency claim verification, a resolution professional may call for further evidence or clarification to substantiate disputed components, and doing so remains within the verification function rather than an adjudicatory exercise. Unsupported farmer's compensation and related interest claims tied to leased land were not admitted where the claimant failed to explain the outstanding basis, the attributable land area, or payment particulars. Time extension charges were confined to the insolvency commencement date, and the resolution professional's proportionate recalculation after excluding sub-leased land and correcting a mathematical error was sustained; the appeal was dismissed.

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      ActsIncome Tax