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Union Budget 2026 shifts buyback taxation to shareholders, taxing proceeds as capital gains and ending company-level buyback tax under Section 115QA.
Economic Survey warns NCLTs may take 10 years to clear pending cases, freezing capital and hurting insolvency resolution under the IBC framework.
Madras High Court rules that directors cannot be directly targeted for GST recovery during liquidation unless company’s inability to pay is conclusively proved under CGST Act.
Supreme Court issued notice to CBI, ED and SFIO to probe alleged ₹150 crore fraudulent transactions during a stalled CIRP, raising concerns over IBC moratorium violations.
HG Infra Engineering shares plunge up to 16% after CBI and ACB raids over corruption allegations. Company says operations remain unaffected despite probe.