Insights
Calcutta High Court re-affirmed that resolution plan approved under the IBC extinguishes pre-transfer tax-claims and quashed fresh proceedings against the Assessee
ITAT allows ESOP expenditure under Section 37(1) for ESOPs granted by foreign holding company to employees of Indian subsidiary
NCLT Bengaluru refuses to sanction amalgamation; flags tax non-compliance, creditor opposition and insolvency exposure