Commitment proceedings gain extended timelines, structured defect refiling, and automatic resumption of inquiry after the adjusted completion period e...
Centralised assessment transfer becomes unwarranted once the searched person's assessment is complete, requiring restoration to the appropriate charge...
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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TaxTMI 
TaxTMI 
of 4897 
