Competition News Alert – CCI issues advisory for businesses during COVID-19

The Competition Commission of India (CCI) has issued official advisory to businesses in time of COVID 19 on 19th April 2020 . CCI has joined other competition authorities, including those in EU and USA abroad to remove Industry’s fears on consequences of any limited coordination between competitors to meet the shortage of supplies during the […]

GST Cafe – Rajasthan HC Judgment on UltraTech Nathdwara Cement Ltd

Hope this newsletter finds you in good health. We are pleased to share with you the copy of our latest publication of GST Café, wherein we have analysed the recent ruling of the Rajasthan High Court in the case of UltraTech Nathdwara Cement Ltd., wherein the Court allowed the petition for quashing demands for tax […]

Rajasthan HC strikes down demand notices, upholds binding nature of Resolution Plan

An issue plaguing successful resolution applicants under the Insolvency and Bankruptcy Code, 2016 (“IBC”) is with respect to government claims pertaining to the period prior to approval of the Resolution Plan. Government claims, such as those raised by the Income Tax Department, Central and State GST Department, extinguished by resolution plans continue to be pursued […]