Corporate Tax Cut – Revenue Forgone For Ultimate Good?

India is facing an economic slowdown which is unprecedented for the past six years. Once the fastest growing economy is confronted with a serious but sudden slippage which startled the entire world (especially the foreign powers who wanted to invest in Indian market).

Mr. Sahil Garg & Ors v. Wave Global Educational Service Pvt Ltd. 946 /...

Application allowed exparte since the debt was proved beyond doubt

Corporate Tax Rate Reduction – Bane or Boon?

India has reached the lowest economic figures last month in the past six-year scale. Economists and policy makers are struggling to understand the reasons for such downward statistics. In this background, the Finance Minister of India, Mrs. Nirmala Sitharaman has introduced the direct tax rate reduction that benefits companies, individuals and Foreign Portfolio Investor (“FPI”).

Devi Industrial Engineers v. Chandralekha Constructions Pvt Ltd. 285 / 2019

Application allowed exparte since the debt was proved beyond doubt

PST Trading and Components v. Ekdant Buildtech Pvt Ltd. 1144 / 2019

Application allowed exparte since the debt was proved beyond doubt

Agarwal Foundries Pvt Ltd. v. Adarsha Global Build Projects Pvt Ltd. 76 / 2019

Application disposed of with granting liberty to settle the matter

Mr. Anand Prakash v. Omega Infrabuild Pvt Ltd. 488 / 2019

Application allowed to initiate CIRP as the debt was proved beyond doubt

Argentium International Pvt Ltd. v. UTM Engineering Pvt Ltd. 248 / 2019

Application allowed to initiate CIRP as the debt was proved beyond doubt

Gupshup Technology India Pvt Ltd. v. Ikontel Solutions Pvt Ltd. 197 / 2019

Application disposed as there was no proper documents to prove the debt

Atul Khandelwal v. CATA Appliances Ltd. 1623 / 2018

Security deposit does not fall within the definition of Operational Debt

State Bank of India v. Shree Ambica International Food Company Pvt Ltd. 1342 /...

Application was admitted since the default was proved beyond doubt

Jagriti Plastics Ltd. v. Proactive Plast Pvt Ltd. 742 / 2018

Application allowed to initiate CIRP as the Corporate Debtor was insolvent

PK Enterprises v. Four Fresh Retail Pvt Ltd. 1651 / 2018

Application allowed ex-parte since the debt was proved beyond doubt

Ashtbhuj Ocean Movers Pvt Ltd. v. Sarash Exports Services Pvt Ltd. 05 / 2019

Application allowed exparte to initiate CIRP as the debt was proved beyond doubt

State Bank of India v. Videocon Industries 02 / 2018

Replacement of Resolution professional

R.G. Steels v. Berrys Auto Ancillaries (P) Ltd. 722 / 2019

NCLT dismissed the petition as this code does not cover sole-Proprietary Concern

Columbia Petrochem Pvt. Ltd. R.G. Steels v. Petrolube India Limited 343 / 2017

Admitted the application for liquidation as the resolution applications filed to meet the expectations of the creditors

Marmo Stone Pvt Ltd. v. Glow Softech Pvt Ltd. 660 / 2018

Application allowed to initiate CIRP as the dispute raised by the Corporate Debtor was illusory

SS Polymers v. Kanodia Technoplast Ltd. 121 / 2019

Application dismissed as the claim was only on interest to be paid on the principle amount

Anhui Technology Imp. & Exp. Co. Ltd. v. Panel Technologies Pvt Ltd. 1374 /...

Application allowed to initiate CIRP as the dispute was raised only after the issuance of demand notice