Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
Admission of the corporate insolvency resolution process may rest on an undisputed record of default filed with an information utility, together with other material establishing that the corporate debtor availed the loans. For a financial creditor's application, the adjudicating authority must ascertain default from information utility records or other evidence furnished. Where the debtor does not dispute the pleaded default date, objections that loan documents are photocopies do not invalidate admission. The challenge to admission was rejected and the writ petition was dismissed without costs.
Admission of the corporate insolvency resolution process may rest on an undisputed record of default filed with an information utility, together with other material establishing that the corporate debtor availed the loans. For a financial creditor's application, the adjudicating authority must ascertain default from information utility records or other evidence furnished. Where the debtor does not dispute the pleaded default date, objections that loan documents are photocopies do not invalidate admission. The challenge to admission was rejected and the writ petition was dismissed without costs.
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