Arrest safeguards and transit remand requirements invalidated detention following inter-State transfer without communicated grounds or magistrate auth...
Arrest safeguards require disclosed grounds, relative intimation and transit remand, while duplicate prosecution under the CGST framework is unsustain...
Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
TReDS reverse-factoring receivables remain operational debt where a bank pays suppliers against discounted invoices and receives assigned pre-existing trade receivables; no funds are disbursed to the corporate debtor against time value of money. Invoice discounts and delayed-payment charges compensate early realisation rather than create an independent loan, and assignment does not change the debt's operational character. A creditor directed to file its claim as operational debt cannot rely on an incorrect-category filing after declining timely submission in the prescribed form. An approved and implemented resolution plan is binding and cannot ordinarily be reopened beyond limited statutory appeal grounds, preventing relief that would disturb completed resolution.
TReDS reverse-factoring receivables remain operational debt where a bank pays suppliers against discounted invoices and receives assigned pre-existing trade receivables; no funds are disbursed to the corporate debtor against time value of money. Invoice discounts and delayed-payment charges compensate early realisation rather than create an independent loan, and assignment does not change the debt's operational character. A creditor directed to file its claim as operational debt cannot rely on an incorrect-category filing after declining timely submission in the prescribed form. An approved and implemented resolution plan is binding and cannot ordinarily be reopened beyond limited statutory appeal grounds, preventing relief that would disturb completed resolution.
Note: It is a system-generated summary and is for quick reference only.
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