Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
HomeCompany & PMLACorporate Debtor’s ‘Cash Payment’ Defence Termed Contrived and Unsupported: NCLAT Upholds Insolvency...

Corporate Debtor’s ‘Cash Payment’ Defence Termed Contrived and Unsupported: NCLAT Upholds Insolvency Admission

Company & PMLA

Published on

By Mariya Paliwala
Corporate Debtor’s ‘Cash Payment’ Defence Termed Contrived and Unsupported: NCLAT Upholds Insolvency Admission

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an appeal filed by former director Yusuf Malubhaiwala challenging the admission of a Section 9 Insolvency Application against Steelexpert Industries (Indore) Ltd. The bench of Justice Ashok Bhushan (Chairperson) and Barun Mitra (Technical Member) has upheld the National Company Law Tribunal (NCLT)…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Direct Tax

S. 147A Validating JAO-Issued Income Tax Reassessment Notices Struck Down: P&H High Court

The Punjab and Haryana High Court has struck down Section 147A of the Income...
Indirect Taxes

Unreliable Panchnama, Unproduced Private Ledger Can’t Prove Clandestine Removal: CESTAT 

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside...
Indirect Taxes

Only Amortised Value Of Customer-Owned Tools And Dies Can Be Included In Assessable Value Of Auto Parts: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...
Indirect Taxes

Customs Exemption Unavailable When Aircraft Operated Without Valid Charter Permit: CESTAT Upholds Confiscation, Rs. 2.5 Crore Fine

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...

More like this

Direct Tax

S. 147A Validating JAO-Issued Income Tax Reassessment Notices Struck Down: P&H High Court

The Punjab and Haryana High Court has struck down Section 147A of the Income...
Indirect Taxes

Unreliable Panchnama, Unproduced Private Ledger Can’t Prove Clandestine Removal: CESTAT 

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside...
Indirect Taxes

Only Amortised Value Of Customer-Owned Tools And Dies Can Be Included In Assessable Value Of Auto Parts: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that...