EPFO cannot issue orders prohibiting and restraining Secured Creditor from utilising the amount paid by Liquidator to Secured Creditor from sale proceeds of properties of the Corporate Debtor – Tamilnad Mercantile Bank Ltd. v. Recovery Officer, The Regional Commissioner-II, Employees’ Provident Fund Organisation – Madras High Court

In case you've already logged in, click here to know why you're not able to access this content.

 

PF Trustee rejected Liquidator’s request for waiver of EPFO damages that scheme for rehabilitation has not been sanctioned by BIFR | High Court quashes | the relevant portion of Section 14B of the EPF & MP Act needs to be amended as per Preamble of IBC, 2016  – Radhakrishnan Dharmarajan, Liquidator, Flora Footwear Pvt. Ltd. v. Central Board of Trustees, EPF – Madras High Court

In case you've already logged in, click here to know why you're not able to access this content.

 

Resolution Professional shall give notice of each meeting of CoC as per CIRP Regulation 19(2) even in case of adjournment of meeting where agenda modified | Reasons should be recorded in writing in case any reduction of notice time limit – Mr. Farooq Ali Khan v. Punjab National Bank – Karnataka High Court

In case you've already logged in, click here to know why you're not able to access this content.

 

Sale Tax Department cannot invoke Section 88(3) of the CGST Act, 2017 against an Ex-Director of the Corporate Debtor without filing claim before Liquidator – Smt. K.Malathi Vs. State Tax Officer and Ors. – Madras High Court

In case you've already logged in, click here to know why you're not able to access this content.

 

Section 14 of IBC does not create a bar for finalisation of the assessment and adjudication proceedings in respect of the taxes – Platino Classic Motors India Pvt. Ltd. Vs. Deputy Commissioner of Central Tax and Central Excise – Kerala High Court

In case you've already logged in, click here to know why you're not able to access this content.

 

For an moratorium u/s 96 of IBC to come into force, insolvency application should be complete in all respects and without any procedural defects, mere uploading of an application cannot be taken as filing of an application |  Unless there is any repugnancy between the provisions of IBC 2016 and the provisions of SARFAESI Act, 2002, there is no question of IBC 2016 overriding the provisions of the SARFAESI Act, 2002 in totality – Jeny Thankachan Vs. Union of India and Ors. – Kerala High Court

In case you've already logged in, click here to know why you're not able to access this content.

 

An Insolvency Professional becomes heart and brain of Company under Insolvency, Good reputation and character of a person is very important for appointment as an Insolvency Professional and the decision to determine as to whether a person is fit and proper to be appointed as Insolvency Professional is based on the subjective satisfaction of IBBI – Pooja Menghani Vs. Insolvency and Bankruptcy Board of India & Anr. – Delhi High Court

In case you've already logged in, click here to know why you're not able to access this content.