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...
Limitation under the Insolvency and Bankruptcy Code is strict, time-bound and jurisdictional: an appeal must be filed in defect-free form within the statutory outer limit, and a defective presentation cannot be perfected at leisure. The procedural period for removing defects or seeking condonation of re-filing delay under the Supreme Court Rules cannot override the Code's timeline. Once the outer limit and the defect-cure period are both exhausted, the right of appeal stands extinguished and no condonation survives. The plea for a liberal approach, including the appellant's status as liquidator and reliance on Article 142, was rejected, and sufficient cause was not shown in any event.
Limitation under the Insolvency and Bankruptcy Code is strict, time-bound and jurisdictional: an appeal must be filed in defect-free form within the statutory outer limit, and a defective presentation cannot be perfected at leisure. The procedural period for removing defects or seeking condonation of re-filing delay under the Supreme Court Rules cannot override the Code's timeline. Once the outer limit and the defect-cure period are both exhausted, the right of appeal stands extinguished and no condonation survives. The plea for a liberal approach, including the appellant's status as liquidator and reliance on Article 142, was rejected, and sufficient cause was not shown in any event.
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