Term of Office of Officiating Chairperson NCLAT Shri Bansi Lal Bhat & Shri A.I.S. Cheema Judicial Member is extended by MCA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th April 2021 S.O.1662(E).—In continuation of this Ministry’s notifications S.O. 1049(E) dated 12th March, 2020, S.O. 2226(E) dated 06th …

Seat of arbitration outside India – Supreme Courts important judgment on application of New York Convention and foreign award under Part II of the Arbitration and Conciliation Act, 1996 ABCAUS Case Law CitationABCAUS 3489 (2021) (04) SC Important case law relied referred:Mankastu Impex (P) Ltd. v. Airvisual Ltd., …

Supreme Court stayed Allahabad High Court order of lockdown in six cities of UP till 26.04.2021. Read Full Judgment Supreme Court stayed Allahabad High Court order for lockdown in UP A Full Bench of the Hon’ble Supreme Court headed by the Chief Justice today heard the UP Government …

CBDT notifies sovereign wealth fund (Norfund) Govt. of Norway as specified person for exemption u/s 10(23FE)   MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 33/2021 New Delhi, the 19th April 2021   (INCOME-TAX)   S.O.1661(E).—In exercise of the powers conferred by sub-clause (vi) of …

Appellate Tribunal cannot sit in appeal on commercial wisdom of the ‘Committee of Creditors’ and to annul the resolution plan. SC dismissed SLP ABCAUS Case Law CitationABCAUS 3488 (2021) (04) SC Important case law relied referred:Committee of Creditors of Essar Steel India Limited vs. Satish Kumar Gupta & …

Consideration of matters / issues by the committee of creditors on request by members of the committee Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CLARIFICATION No.: IBBI/CIRP/202116thApril, 2021 To All Registered Insolvency ProfessionalsAll Recognised Insolvency Professional EntitiesAll Registered Insolvency Professional Agencies (By …