Captive power transfer pricing and non-resident export commission rules support deletion of adjustments and withholding disallowance in discussed proc...
Cooperative society deposits, member-interest TDS exemption and credit-facility deduction claims require verification through records and supporting e...
Customs jurisdiction over EPCG condition breaches survives export-obligation discharge certificates, requiring alleged fraud and misdeclaration to be ...
Contractual tolerance requires consideration; breach recoveries, qualifying public infrastructure services and road works escape service tax liability...
The amendment replaces multiple prescribed forms in the pre-packaged insolvency resolution process framework with formats notified by the Board, and omits one clause in regulation 2. It also substitutes the previous form references across regulations 7, 14, 15, 16, 17, 19, 20, 43, 49 and 51, and removes the Schedule after regulation 51. Regulation 18 is rewritten to specify the information and documents a corporate applicant must file with a pre-packaged insolvency application, including director or partner declarations, the resolution initiation approval, proof of at least 51% approval from unrelated financial creditors, insolvency professional consents and reports, financial statements, and authorised representative submissions where applicable.
The amendment replaces multiple prescribed forms in the pre-packaged insolvency resolution process framework with formats notified by the Board, and omits one clause in regulation 2. It also substitutes the previous form references across regulations 7, 14, 15, 16, 17, 19, 20, 43, 49 and 51, and removes the Schedule after regulation 51. Regulation 18 is rewritten to specify the information and documents a corporate applicant must file with a pre-packaged insolvency application, including director or partner declarations, the resolution initiation approval, proof of at least 51% approval from unrelated financial creditors, insolvency professional consents and reports, financial statements, and authorised representative submissions where applicable.
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