-
GST and IBC Overlap: The Delhi High Court Takes a Prudent View
I. Introduction The Delhi High Court, in its recent judgment of Kanwal Chaudhary v IBBI & Ors held that when an advocate – registered under the Advocates Act, 1961 – provides services as an…
-
Search, Seizure, and Inspection under GST laws: Observations of the Madras High Court
Introduction The Madras High Court in M/s Bhima Enterprises v The Principal Commissioner of GST & Central Excise Tamil Nadu & Puducherry (‘Bhima Enterprises case’) decided a taxpayer’s writ petition challenging the legality of…
-
Subhash Chandra’s Insolvency: Four Fissures in the IBC that NCLT Encountered
The National Company Law Tribunal, New Delhi (‘NCLT’) recently delivered judgment(s) in Indiabulls Housing Finance Limited v Dr. Subhash Chandra (‘Subhash Chandra case’) with an anti-climactic conclusion that ‘no order can be passed’ in…
-
Validity of IBBI’s Regulatory Fee Upheld
The Bombay High Court in Hazel Mercantile Limited & others v Insolvency and Bankruptcy Board of India & Ors (‘Hazel Mercantile case’) upheld the validity of Regulation 31A, Insolvency and Bankruptcy Board of India…
