Tax Guru

CIRP Application of Canara Bank was admitted based on payment default of a debt amount beyond Rs. 1 Crore

Application filed by Canara Bank under Section 7 of the Code read with Rule 4(1) of the Insolvency & Bankruptcy (Application ...
Tax Guru

Liquidation of Corporate Debtor initiated as approved by members of CoC having 66.29% voting share

NCLT Mumbai held that initiation of liquidation of Corporate Debtor in terms of section 33(2) of the Insolvency and Bankruptcy Code admitted as members of CoC having 66.29% voting share approved ...
Moneylife

When Families Fight For A Few Dollars More! Understanding the Kuru-style Family Fights

Some business families seem to be vying for media attention no less than the politicians or film stars. Of course, not for ...

ITR Filing After Due Date FY 2024-25 Live: Deadline for return filing ends, Know how to file belated ITR with penalty; Check how to Track Refund

As of September 15, around 7.08 crore ITRs have been filed, while around 6 crore ITRs have been e-verified. Previously, the ...