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 […]

Corporate Alert – FAQs on Questions on Companies Fresh Start Scheme -2020

Ministry of Corporate Affairs (“MCA”) vide its circulars dated March 24, 2020 and March 30, 2020 has come out with a “Companies Fresh Start Scheme-2020” giving one time opportunity to the companies to file belated documents without any additional fee. Further, the scheme also provides for grant of an immunity certificate from any prosecution or […]