Embezzlement losses in charitable institutions remain allowable when misappropriation is established, irrecoverable, and not a specified-person benefi...
National long-distance undertaking status supports deduction where separately licensed infrastructure, resources, revenue, and expenditure establish c...
Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
Membership-consent thresholds for oppression petitions are satisfied by unchallenged voter-list consents, while unsupported forgery claims require pro...
Liquidation Process Regulations now permit a liquidator to...
Stakeholder-list modification permits liquidators to update entries on new information, subject to notifying the Adjudicating Authority within prescribed time.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Liquidation Process Regulations now permit a liquidator to modify an entry in the list of stakeholders when additional information warrants modification. The liquidator must intimate the Adjudicating Authority within thirty days after modifying the entry. The amendment takes effect on its publication in the Official Gazette, replacing the previous provisions governing modification of the stakeholder list.
Liquidation Process Regulations now permit a liquidator to modify an entry in the list of stakeholders when additional information warrants modification. The liquidator must intimate the Adjudicating Authority within thirty days after modifying the entry. The amendment takes effect on its publication in the Official Gazette, replacing the previous provisions governing modification of the stakeholder list.
Note: It is a system-generated summary and is for quick reference only.