Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
IBBI has specified updated formats under the Liquidation Process Regulations, 2016 for use by insolvency professionals, IP entities and IPAs. The circular prescribes Forms AA, B, C, G, H, I and J for written consent to act as liquidator, public announcement, quarterly progress report, security-interest intimation, compliance certificate, deposit of unclaimed dividends or undistributed proceeds, and withdrawal from the Corporate Liquidation Account. It also states that claim forms notified under the CIRP Regulations may be used in liquidation, and references to IRP/RP in those forms are to be read as references to the liquidator.
IBBI has specified updated formats under the Liquidation Process Regulations, 2016 for use by insolvency professionals, IP entities and IPAs. The circular prescribes Forms AA, B, C, G, H, I and J for written consent to act as liquidator, public announcement, quarterly progress report, security-interest intimation, compliance certificate, deposit of unclaimed dividends or undistributed proceeds, and withdrawal from the Corporate Liquidation Account. It also states that claim forms notified under the CIRP Regulations may be used in liquidation, and references to IRP/RP in those forms are to be read as references to the liquidator.
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