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Law Tribunal Dismisses Insolvency Plea Against PepsiCo India
The National Company Law Appellate Tribunal (NCLAT) has dismissed an insolvency petition against PepsiCo India Holdings after observing that provisions of IBC cannot be turned into a debt-recovery proceeding.
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Samsung Fights $520 Million India Tax Demand, Points to Reliance Practice
Samsung has asked the Customs Excise and Service Tax Appellate Tribunal in Mumbai to quash a $520 million (roughly Rs. 4,381 crore) tax demand for allegedly misclassifying imports of networking gear. The South Korean giant has said that Mukesh Ambani-led Reliance also imported the same component in a similar manner for years.
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Shah Rukh Khan Wins Tax Case As Tribunal Rules In His Favour
Actor Shah Rukh Khan has secured a big victory with the Income Tax authorities, with the Income Tax Appellate Tribunal or ITAT delivering a verdict in his favour.
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Law Tribunal Stays Ban On WhatsApp Sharing Data With Parent Company Meta
The National Company Law Appellate Tribunal (NCLAT) on Thursday stayed a five-year ban imposed by competition watchdog CCI on data-sharing practices between WhatsApp and its parent Meta for advertising purposes, offering a breather to the tech giant.
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Law Tribunal Suspends Antitrust Ban On WhatsApp-Meta Data Sharing
In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices.
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No More Jet Airways. Supreme Court Says "No Choice", Orders Liquidation
Jet Airways' grounded assets will be liquidated, the Supreme Court said, invoking 'extraordinary' powers under Article 142 to set aside a National Company Law Appellate Tribunal decision upholding resolution and approving transfer of ownership.
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Top Court Reverses Tribunal Order On Byju's- BCCI Rs 158 Crore Settlement
The Supreme Court on Wednesday set aside National Company Law Appellate Tribunal's verdict that had stopped insolvency proceedings against embattled ed-tech firm Byju's.
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Law Tribunal Judge Recuses From Hearing Byjus Plea Against Insolvency Proceedings
A judicial member of the National Company Law Appellate Tribunal (NCLAT), Chennai, on Monday recused himself from hearing a plea by Byju's Founder Byju Raveendran against the insolvency petition against his company, Think & Learn Private Ltd.
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Byju's Appeals Insolvency Order, Seeks Urgent Hearing: Report
Crisis-ridden Byju's has moved the National Company Law Appellate Tribunal (NCLAT) against the recent order of NCLT that allowed cricket board BCCI's petition for initiating insolvency proceedings against the once-famed edtech company, sources said.
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As Sensex, Nifty Surge, Chief Justice Of India Advises SEBI To Be Cautious
CJI DY Chandrachud today advised market regulator SEBI and the Securities Appellate Tribunal (SAT) to exercise caution amid a significant surge in equity markets and pitched for more tribunal benches to ensure that the "backbone is stable".
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Sanjaya Kumar Mishra Takes Oath as 1st President Of GST Appellate Tribunal
Finance Minister Nirmala Sitharaman on Monday administered the oath of office to Justice (Retd) Sanjaya Kumar Mishra as the first President of the GST appellate tribunal (GSTAT).
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No Court Relief For Ramdev, He Has To Pay Service Tax On Yoga Camps
In a setback to the Patanjali Yogpeeth Trust, the Supreme Court on Friday upheld an appellate tribunal's ruling that the organisation is liable to pay service tax for charging an entry fee for organising Yoga camps
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After High Court Setback, Congress To Approach Supreme Court In Over Rs 100 Crore Tax Dues Case
The Congress will move the Supreme Court to cancel a Delhi High Court order that allowed a tribunal to recover over Rs 100 crore outstanding tax from the party, sources said.
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Congress Moves Delhi High Court In Tax Penalty Case
The Congress on Monday moved the Delhi High Court challenging the dismissal of its plea by the Income Tax Appellate Tribunal (ITAT) against the imposition of penalties for discrepancies in certain tax returns.
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Congress Request To Stop Action Against Its Bank Accounts Rejected
In a big setback for the Congress just weeks ahead of the Lok Sabha elections, the Income Tax Appellate Tribunal has refused to accept the party's petition to stop the department's action against its bank accounts.
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Law Tribunal Dismisses Insolvency Plea Against PepsiCo India
The National Company Law Appellate Tribunal (NCLAT) has dismissed an insolvency petition against PepsiCo India Holdings after observing that provisions of IBC cannot be turned into a debt-recovery proceeding.
-
Samsung Fights $520 Million India Tax Demand, Points to Reliance Practice
Samsung has asked the Customs Excise and Service Tax Appellate Tribunal in Mumbai to quash a $520 million (roughly Rs. 4,381 crore) tax demand for allegedly misclassifying imports of networking gear. The South Korean giant has said that Mukesh Ambani-led Reliance also imported the same component in a similar manner for years.
-
Shah Rukh Khan Wins Tax Case As Tribunal Rules In His Favour
Actor Shah Rukh Khan has secured a big victory with the Income Tax authorities, with the Income Tax Appellate Tribunal or ITAT delivering a verdict in his favour.
-
Law Tribunal Stays Ban On WhatsApp Sharing Data With Parent Company Meta
The National Company Law Appellate Tribunal (NCLAT) on Thursday stayed a five-year ban imposed by competition watchdog CCI on data-sharing practices between WhatsApp and its parent Meta for advertising purposes, offering a breather to the tech giant.
-
Law Tribunal Suspends Antitrust Ban On WhatsApp-Meta Data Sharing
In a respite for Mark Zuckerberg-run Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by the Competition Commission of India (CCI) on WhatsApp for its data-sharing practices.
-
No More Jet Airways. Supreme Court Says "No Choice", Orders Liquidation
Jet Airways' grounded assets will be liquidated, the Supreme Court said, invoking 'extraordinary' powers under Article 142 to set aside a National Company Law Appellate Tribunal decision upholding resolution and approving transfer of ownership.
-
Top Court Reverses Tribunal Order On Byju's- BCCI Rs 158 Crore Settlement
The Supreme Court on Wednesday set aside National Company Law Appellate Tribunal's verdict that had stopped insolvency proceedings against embattled ed-tech firm Byju's.
-
Law Tribunal Judge Recuses From Hearing Byjus Plea Against Insolvency Proceedings
A judicial member of the National Company Law Appellate Tribunal (NCLAT), Chennai, on Monday recused himself from hearing a plea by Byju's Founder Byju Raveendran against the insolvency petition against his company, Think & Learn Private Ltd.
-
Byju's Appeals Insolvency Order, Seeks Urgent Hearing: Report
Crisis-ridden Byju's has moved the National Company Law Appellate Tribunal (NCLAT) against the recent order of NCLT that allowed cricket board BCCI's petition for initiating insolvency proceedings against the once-famed edtech company, sources said.
-
As Sensex, Nifty Surge, Chief Justice Of India Advises SEBI To Be Cautious
CJI DY Chandrachud today advised market regulator SEBI and the Securities Appellate Tribunal (SAT) to exercise caution amid a significant surge in equity markets and pitched for more tribunal benches to ensure that the "backbone is stable".
-
Sanjaya Kumar Mishra Takes Oath as 1st President Of GST Appellate Tribunal
Finance Minister Nirmala Sitharaman on Monday administered the oath of office to Justice (Retd) Sanjaya Kumar Mishra as the first President of the GST appellate tribunal (GSTAT).
-
No Court Relief For Ramdev, He Has To Pay Service Tax On Yoga Camps
In a setback to the Patanjali Yogpeeth Trust, the Supreme Court on Friday upheld an appellate tribunal's ruling that the organisation is liable to pay service tax for charging an entry fee for organising Yoga camps
-
After High Court Setback, Congress To Approach Supreme Court In Over Rs 100 Crore Tax Dues Case
The Congress will move the Supreme Court to cancel a Delhi High Court order that allowed a tribunal to recover over Rs 100 crore outstanding tax from the party, sources said.
-
Congress Moves Delhi High Court In Tax Penalty Case
The Congress on Monday moved the Delhi High Court challenging the dismissal of its plea by the Income Tax Appellate Tribunal (ITAT) against the imposition of penalties for discrepancies in certain tax returns.
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Congress Request To Stop Action Against Its Bank Accounts Rejected
In a big setback for the Congress just weeks ahead of the Lok Sabha elections, the Income Tax Appellate Tribunal has refused to accept the party's petition to stop the department's action against its bank accounts.
