Credit-note turnover adjustments preserve inverted-duty refunds, while ministerial re-computation does not constitute an impermissible appellate reman...
Revisional jurisdiction over export quota premium deductions requires both error and Revenue prejudice; a permissible assessment view cannot be displa...
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At the interim stage, Regulation 18(3) did not prima facie require financial creditors in a class to obtain prior intra-class majority approval through the Authorised Representative before seeking placement of a CoC agenda, where the prescribed voting threshold was met. Suspension of an insolvency professional's registration removes eligibility to act in all ongoing insolvency assignments, not only the process connected with the alleged misconduct. Intimation to other CoCs and the Adjudicating Authority gives effect to that consequence and remains distinct from a CoC's replacement power. Interim stay required a prima facie case, balance of convenience and irreparable injury, assessed with public-interest caution; as these were not established, the stay was declined pending appeal.
At the interim stage, Regulation 18(3) did not prima facie require financial creditors in a class to obtain prior intra-class majority approval through the Authorised Representative before seeking placement of a CoC agenda, where the prescribed voting threshold was met. Suspension of an insolvency professional's registration removes eligibility to act in all ongoing insolvency assignments, not only the process connected with the alleged misconduct. Intimation to other CoCs and the Adjudicating Authority gives effect to that consequence and remains distinct from a CoC's replacement power. Interim stay required a prima facie case, balance of convenience and irreparable injury, assessed with public-interest caution; as these were not established, the stay was declined pending appeal.
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