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

For claiming deduction u/s 57(iii), test is of purpose and connection, not actual yield – ITAT

For claiming deduction u/s 57(iii) a reasonable and intelligible nexus should be established between the expenditure incurred and the income…

24 minutes ago
  • Income Tax

Unless medical certificate are held forged & fictitious, appeal can’t be rejected on ground of delay

Where medical certificate not held to be forged and fictitious, rejecting appeal on ground of delay unjustified In a recent…

9 hours ago
  • DGFT

One Star Export House status allowed based on export performance in two FYs

FTP 2023 amended to allow One Star Export House status to applicants (other than for Gems & Jewelry Sector) based…

24 hours ago
  • Income Tax

Agricultural land is outside the deeming provision u/s 56(2)(x) – ITAT

Agricultural land is outside the definition of capital asset, therefore, the deeming provision u/s 56(2)(x) cannot be invoked - ITAT…

1 day ago
  • Income Tax

NSDL latest e-TDS TCS RPU Version 1.2 for Tax Year 2026-27 – Download

NSDL latest e-TDS TCS RPU version 1.2 for Tax Year 2026-27 NSDL has revised the e-TDS TCS RPU utility for…

1 day ago
  • Income Tax

Deprecation allowable u/s 11(6) if capital expenditure not claimed as application of income

Assessee entitled to claim deprecation u/s 11(6) if corresponding capital expenditure was not claimed as application of income - ITAT…

2 days ago