Monetary threshold in section 447 increased, changing when the second proviso applies to corporate cases. Amendment replaces the monetary figure in the second proviso to section 447, raising the statutory cutoff that determines when that proviso's constraints or exceptions apply; the amendment is confined to substituting the monetary amount and does not alter other operative terms of section 447.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Monetary threshold in section 447 increased, changing when the second proviso applies to corporate cases.
Amendment replaces the monetary figure in the second proviso to section 447, raising the statutory cutoff that determines when that proviso's constraints or exceptions apply; the amendment is confined to substituting the monetary amount and does not alter other operative terms of section 447.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.