Home Highlights August 2011 Year 2011 This

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1. GST and Economic Growth - Article

2. The Finance Ministry team led by Finance Minister is preparing the FY26 Union Budget exceeding Rs 50 lakh crore amid significant economic challenges. Key concerns...

3. The Union Budget 2025-26 emphasizes infrastructure-led economic growth, following the Rs 11.1 lakh crore allocation in 2024-25. Key priorities include expansion of...

4. Income deemed to accrue or arise in India - residential status of the assessee under the India-USA DTAA. Assessee stayed in India for more than 183 days, considered a...

5. The NCLAT dismissed the appeal challenging the approval of the resolution plan by the Committee of Creditors (CoC) and the Adjudicating Authority. The key findings were:...

6. The case involved issues regarding the approval of a Resolution Plan, including eligibility criteria for association of allottees, locus to file an appeal, correctness...

7. The NCLAT rejected the intervention application filed by the Appellant for approval of the Resolution Plan u/s 30 of the I&B Code. The Appellant was an unsuccessful...

8. Resolution plan approved by CoC cannot be challenged by individual homebuyer/allottee. Homebuyers/allottees who paid money for real estate project, whether genuine or...

9. Approval of a resolution plan - The Tribunal dismissed objections raised by dissenting homebuyers, citing that since the homebuyers as a class assented to the plans,...

10. India's economic growth poised to rebound as domestic demand regains strength, though stickiness in food inflation warrants careful monitoring, per RBI Bulletin article....

11. Violation of principles of natural justice, wherein the appellant was not provided an opportunity for a hearing before terminating the insolvency resolution process of...

12. The GST Council approved formation of a GoM on restructuring Compensation Cess to examine revenue impacts on states post-GST implementation. Key points: Karnataka raised...

13. Disqualification of resolution applicant - wilful defaulter of bank - Rejection of Resolution Plan submitted by the Applicant - Appellant submits that on the day when...

14. Withdrawal of Resolution Plan - resolution plan was approved by Committee of Creditors - the existing insolvency framework in India provides no scope for effecting...

15. Electronic filing and Issuance of Preferential Certificate of Origin (CoO) for India’s Exports under India-UAE Comprehensive Economic Partnership Agreement (India-UAE...