Human-probability test defeats political donation deduction where banking records mask accommodation-entry fund layering and evidence shows non-genuin...
Commercial property status protects capital-gains exemption when residential-house ownership limits are tested, while agricultural-land character gove...
Investigation deposits refunded after failed customs demands fall outside the statutory appellate pre-deposit interest regime and may attract compensa...
Resolution plan finality extinguishes unquantified operational-creditor claims and pending proceedings unless the approved plan expressly preserves th...
Failure to pay under a one-time settlement does not create a fresh default for corporate insolvency purposes; a failed settlement restores the original loan position rather than rescheduling it. The recovery-certificate date may therefore govern default, while debt acknowledgments can preserve limitation and prevent the statutory insolvency bar from applying. Incorrect default-date particulars in Form I and other defects that affect neither jurisdiction nor merits may be rectified, including through additional documents. A corporate debtor's asserted viability does not preclude admission without credible evidence of solvency or viability where financial debt and default above the statutory threshold are undisputed. An admission order is reasoned where it records material, contentions, and grounds for admission.
Failure to pay under a one-time settlement does not create a fresh default for corporate insolvency purposes; a failed settlement restores the original loan position rather than rescheduling it. The recovery-certificate date may therefore govern default, while debt acknowledgments can preserve limitation and prevent the statutory insolvency bar from applying. Incorrect default-date particulars in Form I and other defects that affect neither jurisdiction nor merits may be rectified, including through additional documents. A corporate debtor's asserted viability does not preclude admission without credible evidence of solvency or viability where financial debt and default above the statutory threshold are undisputed. An admission order is reasoned where it records material, contentions, and grounds for admission.
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TaxTMI 
TaxTMI 
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