Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
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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