Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Settlement of the operational creditor's claim after commencement of CIRP supported closure of the insolvency process. The parties acknowledged that the transportation-charge claim was subject to a pre-existing dispute, particularly concerning distance measurement, before the demand notice was issued. The operational creditor confirmed full satisfaction of its claim and consented to setting aside the admission order, while no other creditor claim remained after discharge of the provident fund claim. The NCLAT therefore set aside the order admitting the corporate debtor to CIRP and closed the process.
Settlement of the operational creditor's claim after commencement of CIRP supported closure of the insolvency process. The parties acknowledged that the transportation-charge claim was subject to a pre-existing dispute, particularly concerning distance measurement, before the demand notice was issued. The operational creditor confirmed full satisfaction of its claim and consented to setting aside the admission order, while no other creditor claim remained after discharge of the provident fund claim. The NCLAT therefore set aside the order admitting the corporate debtor to CIRP and closed the process.
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