IBBI Directs Insolvency Professionals to Share Reports under Section 99 IBC with Debtors and Creditors to Ensure Equal Access In a significant move aimed at promoting transparency and fairness in the...
Income Tax Addition on Failure to Prove Genuineness of Creditors Who Gave Cash Loan Upheld by Jharkhand High CourtThe bench comprising of Justices Rongon Mukhopadhyay and Deepak Roshan has noted that...
UK Supreme Court instructs supporting Directors in Seminal Case on Directors' Duties in 'Zone of Insolvency' The United Kingdom Supreme Court has established that there are conditions in which...
ITAT Justifies Addition for Unexplained Cash Credit regarding Unexplained Creditors shown as Bogus The Income Tax Appellate Tribunal (ITAT), Allahabad Bench ruled on 10 March 2021, in the matter of...
The Workings of the Pre-Pack Insolvency Process a Primer While the evolution of the insolvency and bankruptcy laws in the country coupled with the black swan event sweeping the globe has led to the...
