E-filing system failure permits exclusion of affected time in insolvency appeals, preventing tribunal technology defects from defeating timely filings...
Pre-existing disputes over outcome-based professional fees can bar Section 9 insolvency proceedings where contractual entitlement requires investigati...
Corresponding scheduled offences preserve money-laundering jurisdiction despite repeal of the central corruption provision where conduct remains cover...
Permanent stay of winding up under the Companies Act, 1956 may support corporate revival where a redevelopment scheme settles or provides agreed payment of creditor and workmen claims and advances public interest and commercial morality. Revival need not require resumption of the company's former business, as a change of objects is not legally barred. Redevelopment of company-owned land does not itself amount to a transfer or divestment. Disputes over majority shareholders' creditor claims, dividends, security and long-term loans remain matters for claim adjudication and do not by themselves defeat revival. Changed circumstances can support a fresh application despite earlier adverse observations.
Permanent stay of winding up under the Companies Act, 1956 may support corporate revival where a redevelopment scheme settles or provides agreed payment of creditor and workmen claims and advances public interest and commercial morality. Revival need not require resumption of the company's former business, as a change of objects is not legally barred. Redevelopment of company-owned land does not itself amount to a transfer or divestment. Disputes over majority shareholders' creditor claims, dividends, security and long-term loans remain matters for claim adjudication and do not by themselves defeat revival. Changed circumstances can support a fresh application despite earlier adverse observations.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
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