NCLAT Affirms Dismissal of Employee Claims Under IBC’s Section 9: Emphasis on Procedural Compliance 1. Introduction The case of Ranjeet Singh v. M/s Karan Motors Private Limited addressed critical...
NCLAT Establishes Boundaries for Operational Creditor Claims under IBC Introduction The National Company Law Appellate Tribunal (NCLAT) delivered a pivotal judgment on August 18, 2021, in the case of...
Operational Creditor Appeals under IBC: Insights from Shally Sati v. M/s Karan Motors Pvt. Ltd. Introduction The case of Shally Sati v. M/s Karan Motors Pvt. Ltd. adjudicated by the National Company...
Limitation and Eligibility of Operational Debt Claims under IBC: NCLAT Affirms Dismissal of Time-Barred Salary Claims Introduction The recent judgment in Deepa Sati v. MS Karan Motors Pvt Ltd...
NCLAT Reaffirms Limitations on Operational Creditor Claims under IBC Introduction In the landmark case of Asha Devi v. M/s Karan Motors Pvt. Ltd., decided on August 18, 2021, the National Company Law...
Evershine Customs v. Commissioner Of Customs: Establishing Boundaries for Show Cause Notices under Section 28 Introduction The case of Evershine Customs (C & F) Pvt. Ltd. & Two Step Trading Co. v....
Clarifying Ownership and Incriminating Nature of Documents Under Section 153C: Insights from Cit v. Vision Town Planners (P) Ltd. Introduction The case of Cit v. Vision Town Planners (P) Ltd....
ITA Decision Reinforces Transparency in Share Application Transactions Introduction In the appellate decision dated August 13, 2021, the Income Tax Appellate Tribunal (ITA) Bench 'B' of Mumbai...
Recognition of Governmental Delays as Force Majeure in Solar Power Agreements: Sirwar Renewable Energy Pvt Ltd v. KERC Introduction The case of Sirwar Renewable Energy Private Limited v. Karnataka...
Enhancing Procedural Fairness in Insolvency Proceedings: Insights from Ravi Ajit Kulkarni v. State Bank of India Introduction The case of Ravi Ajit Kulkarni v. State Bank of India adjudicated by the...
Tribunal Upholds Power Purchase Agreement Tariff Amidst Force Majeure Delays Introduction The case of Hukkeri Solar Power Project LL.P & Anr. v. Hubli Electricity Supply Company Limited & Anr....
Appellate Tribunal Upholds Original Tariff and Enforces Partial Liquidated Damages in Azure PV vs. GESCOM Case Introduction The case of Azure Photovoltaic Private Limited v. Gulbarga Electricity...
Reaffirming the Definition of Financial Creditor under IBC: Analyzing Ankit Goyat v. Sunita Agarwal & Anr. Introduction The case of Ankit Goyat v. Sunita Agarwal & Anr. adjudicated by the National...
Effective Date Interpretation in PPA Leads to Tariff Restoration: Panchakshari Power Projects LLP vs KERC 1. Introduction The case of M/s Panchakshari Power Projects LLP. v. Karnataka Electricity...
Affirming Legitimate Use of IBC for Operational Creditors: NCLAT Sets Precedent in Mahesh Hardware & Pipes Pvt. Ltd v. Jains & Alliance Palm Ventures Pvt Ltd Introduction The case of Mahesh Hardware...
PGCIL v. BSPHCL: CERC Sets New Standards for Transmission Tariff Truing Up and Capital Expenditure Adjudication Introduction The case of Power Grid Corporation of India Ltd. v. Bihar State Power...
RERA Upholds Buyer Rights Over Unilateral Builder Extensions in Jaswinder Singh v. M/S OMAXE Introduction The case of Jaswinder Singh vs. M/S OMAXE Chandigarh Extension Developers Pvt. Ltd....
Appellate Tribunal for Electricity Upholds UPERC's Stance on PPA Termination in UPPCL v. UPERC Introduction The case of Uttar Pradesh Power Corporation Ltd. And Others (S) v. Uttar Pradesh...
Estimation of Unaccounted Commission Income from Benami Operations: ITAT Case BHANWARLAL M. JAIN v. DCIT Introduction The case of BHANWARLAL M. JAIN v. DCIT-CC-1(3), Mumbai adjudicated by the Income...
Exemption Criteria for Service Tax in Works Contract Services: Ganpati Mega Builders v. Commissioner 1. Introduction The case of Ganpati Mega Builders (India) (P) Ltd. v. Commissioner, Customs,...