Taxcharcha
Company LawLatest

Increasing threshold of default under section 4 of IBC, 2016

MCA

The Central Government has specified the limit of Rs. 1 Crore as the minimum amount of default for the purpose of Section 4 of IBC, 2016.

To download the notification, click here Notification 28032020

section 4 of IBC 2016
section 4 of IBC 2016

Related posts

Notifications for extension of due date of GST returns in cyclone hit districts of Andhra Pradesh and Tamil Nadu

Team Taxcharcha

Where the additions and disallowances are deleted by the higher authorities, there is no basis for levying penalty u/s 271(1)(c) of the Act – ITAT Delhi

Team Taxcharcha

Corrigendum to Circular No. 76/50/2018-GST dated 31st December, 2018 issued vide F.No. CBEC- 20/16/04/2018-GST- Reg.

Team Taxcharcha