Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
Continuation of a pre-liquidation aircraft sale process is not barred merely because liquidation begins, where the sale had been approved during the insolvency process and was later adopted by the Stakeholders' Consultation Committee. No material irregularity or illegality was established in completing the sale. Former employees could not challenge the transaction on that basis; their entitlement remained limited to recovery of dues under the statutory liquidation waterfall. The challenge to the sale and the related order was dismissed.
Continuation of a pre-liquidation aircraft sale process is not barred merely because liquidation begins, where the sale had been approved during the insolvency process and was later adopted by the Stakeholders' Consultation Committee. No material irregularity or illegality was established in completing the sale. Former employees could not challenge the transaction on that basis; their entitlement remained limited to recovery of dues under the statutory liquidation waterfall. The challenge to the sale and the related order was dismissed.
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