Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
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...
Leasehold and project-operation rights held by a corporate debtor under BOT concession arrangements may form part of the liquidation estate and be sold as going-concern assets, even though land ownership remains with the counterparty. The sale transfers only the debtor's existing bundle of rights and does not confer superior rights on the purchaser. Pre-existing BOT rights, including the obligation to transfer the facility at the end of the concession term, remain protected and bind the purchaser. A liquidation sale may extinguish the debtor's liabilities after statutory distribution, but cannot transfer another party's equity interest. Completion of the sale process may be recorded subject to pending litigation where no challenge to the sale itself is made.
Leasehold and project-operation rights held by a corporate debtor under BOT concession arrangements may form part of the liquidation estate and be sold as going-concern assets, even though land ownership remains with the counterparty. The sale transfers only the debtor's existing bundle of rights and does not confer superior rights on the purchaser. Pre-existing BOT rights, including the obligation to transfer the facility at the end of the concession term, remain protected and bind the purchaser. A liquidation sale may extinguish the debtor's liabilities after statutory distribution, but cannot transfer another party's equity interest. Completion of the sale process may be recorded subject to pending litigation where no challenge to the sale itself is made.
Note: It is a system-generated summary and is for quick reference only.
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