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If no response is received by the Tribunal from the GST Authority within 30 days from the date of receipt of the notice it will be presumed that GST Authority has no objection to the proposed Scheme as per Rule 8 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 – Borchers India Chemicals Pvt. Ltd. Vs. Milliken Chemical and Textile (India) Co. Pvt. Ltd. – NCLT Mumbai Bench

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If no response is received by the Tribunal from the GST Authority within 30 days from the date of receipt of the notice it will be presumed that GST Authority has no objection to the proposed Scheme as per Rule 8 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 – Borchers India Chemicals Pvt. Ltd. Vs. Milliken Chemical and Textile (India) Co. Pvt. Ltd. – NCLT Mumbai Bench Read Post »

Claims for damages to the rented premises, the liquidation proceedings cannot be converted into Landlord Tenant dispute – Vikas Jain Vs. MD Nazim Khan, Liquidator & Anr. – NCLAT New Delhi

/ 9 minutes of reading

NCLAT held that when the matter is in liquidation, such claims which are not already liquidated cannot be gone into in a manner Civil Court would examine disputes being raised which would require recording of evidence. Valuer could not give opinion if Corporate Debtor caused the damages, as is being argued. The liquidation proceedings cannot be converted into Landlord Tenant dispute. We have seen the reasons given by Liquidator regarding the various claims, which are reproduced in the Impugned Order. In the set of facts which we have before us, going through the reasons recorded by the Adjudicating Authority, we do not find any reason to interfere.

Claims for damages to the rented premises, the liquidation proceedings cannot be converted into Landlord Tenant dispute – Vikas Jain Vs. MD Nazim Khan, Liquidator & Anr. – NCLAT New Delhi Read Post »

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