bankruptcy

Initiation of CRIP of a corporate debtor suspended for 3 months from 25.09.2020

Govt suspends initiation of corporate insolvency resolution process of corporate debtor for a further period of three months from 25.09.2020

MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 24th September, 2020

S.O. 3265(E).—In exercise of the powers conferred by section 10A of the Insolvency and Bankruptcy Code, 2016 (31 of 2016) [as inserted by section 2 of the Insolvency and Bankruptcy Code (Second Amendment) Act, 2020 (17 of 2020)], the Central Government hereby notifies further period of three months from the 25th September, 2020 for the purposes of the said section.

[F. No. 30/33/2020-Insolvency]

GYANESHWAR KUMARSINGH, Jt. Secy

Download Notification Click Here >>

Share

Recent Posts

  • Income Tax

Section 148 of it Act after 01.04.2021, not require recording reason to believe

Section 148 of Income Tax Act after 01.04.2021, does not even require recording reason to believe. In a recent judgment,…

13 hours ago
  • Income Tax

Income Tax Deptt. Lucknow to hire Young Professional for assisting before ITAT

Income Tax Department, Lucknow is hiring Young Professional for assisting the Departmental Officers posted in various benches of ITAT, Lucknow…

14 hours ago
  • Income Tax

Burden of proof on assessee to adduce evidence that land sold is agricultural

Burden of proof is on assessee to adduce cogent evidence that land sold was an agricultural land – Supreme Court…

15 hours ago
  • GST

Civil Court decreed refund of FD given as security deposit for registration in VAT era

Civil Court decreed refund of security deposit of VAT era as in GST Regime there is no requirement of security…

16 hours ago
  • Income Tax

Pursuing rectification u/s 154 is reasonable cause for condonation of delay in filing appeal

Pursuing remedy through rectification application u/s 154 within time, is a reasonable cause for condonation of delay in filing of…

18 hours ago
  • Income Tax

Allowability of depreciation on highway project awarded on DBOT basis

ITAT allows depreciation on highway project awarded on DBOT basis In a recent judgment, ITAT Delhi allows depreciation on highway…

1 day ago