Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
The Insolvency and Bankruptcy Board of India has amended the corporate insolvency resolution regulations to provide that, for a corporate debtor classified as an MSME, the resolution professional shall appoint one set of registered valuers unless the committee records reasons in writing to appoint two sets. The amendment applies on publication in the Official Gazette and narrows the default valuation requirement for MSME resolution processes while preserving committee discretion to require additional valuation support.
The Insolvency and Bankruptcy Board of India has amended the corporate insolvency resolution regulations to provide that, for a corporate debtor classified as an MSME, the resolution professional shall appoint one set of registered valuers unless the committee records reasons in writing to appoint two sets. The amendment applies on publication in the Official Gazette and narrows the default valuation requirement for MSME resolution processes while preserving committee discretion to require additional valuation support.
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