Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
Works contract classification governs composite layout-development contracts where VAT-paid goods are transferred alongside construction and infrastru...
Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
Jurisdictional facts in certificate-of-origin discrepancies can support customs show-cause proceedings, leaving factual explanations for departmental ...
The Insolvency and Bankruptcy Board of India (IBBI) has directed all Registered Insolvency Professionals to upload specific judicial orders related to insolvency proceedings on their dashboard. This includes orders from NCLT/NCLAT such as admission, resolution plan approval, closure, stay, liquidation, dissolution, and final orders. For Supreme Court and High Court orders, all relevant orders must be uploaded, especially those involving IBBI/Ministry of Corporate Affairs or significant Code-related issues. IPs must upload these orders after downloading from official judicial websites, exercising caution. The directive is issued u/s 196 of the Code to enhance stakeholder facilitation in the IBC ecosystem.
The Insolvency and Bankruptcy Board of India (IBBI) has directed all Registered Insolvency Professionals to upload specific judicial orders related to insolvency proceedings on their dashboard. This includes orders from NCLT/NCLAT such as admission, resolution plan approval, closure, stay, liquidation, dissolution, and final orders. For Supreme Court and High Court orders, all relevant orders must be uploaded, especially those involving IBBI/Ministry of Corporate Affairs or significant Code-related issues. IPs must upload these orders after downloading from official judicial websites, exercising caution. The directive is issued u/s 196 of the Code to enhance stakeholder facilitation in the IBC ecosystem.
Note: It is a system-generated summary and is for quick reference only.