News Supreme Court: Section 10A Bar Inapplicable Where Default Predates Covid Window — “Admission Under Section 7 Requires Only Proof of Financial Debt and Default; Business Viability Not a Ground to Reject Admission” — Failed Restructuring Does Not Novate Original Loan; CIRP Against Power Company Upheld RawlawFebruary 19, 20265 min read Save
News Madras High Court holds “Section 10A deduction operates at the stage of computation of profits and not after set-off” — losses of eligible STPI units can be adjusted against other income and IPLC payments held non-royalty RawlawDecember 13, 20256 min read Save