Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Committee of Creditors may reconsider a resolution plan at any time before the Adjudicating Authority approves it, including after remand to address statutory stakeholder claims. Directions requiring provision for provident fund, gratuity and other claims became final when unchallenged. Although the resolution applicant sought revision, it declined to increase the plan value when the remanded plan was reconsidered. The Committee of Creditors' commercial decision to reject the plan and proceed with liquidation was treated as non-justiciable in these circumstances. The proposed plan's rejection and the challenge to that rejection were upheld, with no basis for appellate interference.
Committee of Creditors may reconsider a resolution plan at any time before the Adjudicating Authority approves it, including after remand to address statutory stakeholder claims. Directions requiring provision for provident fund, gratuity and other claims became final when unchallenged. Although the resolution applicant sought revision, it declined to increase the plan value when the remanded plan was reconsidered. The Committee of Creditors' commercial decision to reject the plan and proceed with liquidation was treated as non-justiciable in these circumstances. The proposed plan's rejection and the challenge to that rejection were upheld, with no basis for appellate interference.
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