Tag: Delhi High Court
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INSISTENCE ON CLEARING PAST DUES CONTRADICTS REHABILITATIVE INTENT OF IBC CALLS FOR JUDICIAL INTERVENTION: DELHI HIGH COURT
The Delhi High Court emphasized that insisting on the clearance of past dues contradicts the rehabilitative intent of the Insolvency and Bankruptcy Code (IBC)The...
Relief To MITSUBISHI CORPORATION: AO Can’t Object ITAT’s Decision Allowing Assessee To Set Up Fresh Claim: Delhi High Court
The Delhi High Court held that AO can't object to ITAT's decision allowing assessee to set up fresh claim.The court observed that while ordinarily...
Fundamental Right Of Citizen To Travel Abroad Can’t Be Curtailed On Failure To Pay Bank Loan: Delhi High Court Quashed Look Out Circular
The Delhi High Court has recently quashed the look out circular issued by the bank against the loan defaulter restricting him to travel abroad.The...
Delhi High Court Directs NCLT To Consider Landlord’s Application For Seeking Vacation And Handover Leased Property
The Delhi High Court Directed NCLT to consider the landlord's application for seeking vacation and handover of leased property.The court noted that it has...
Inability To Repay Amounts Due To Banks Can’t Result In Opening Of Lookout Circulars: Delhi High Court
The Delhi High Court ruled that inability to repay amounts due to banks can't result in opening of lookout circulars.The court observed that it...