GST timing for Toll-Operate-Transfer concessions: concessionaires pay integrated tax when operation and maintenance expenses are charged to escrow acc...
Input tax credit conditions for concessional service rates permit limited same-line credits for hotels, catering, and electrically operated vehicle se...
Committee of Creditors may, through commercial wisdom, invite fresh expressions of interest by publishing a Third Form G where a remitted resolution plan and settlement proposal fail to secure statutory approval. Approval of an earlier plan does not give the resolution applicant an indefeasible right before approval under Section 31; absent legal infirmity, the decision need not be judicially substituted. Assigned creditor claims recognised only after committee voting do not retrospectively alter the voting position where original allottees remained creditors of record, and unproved allegations of fraud or material irregularity do not invalidate prior decisions. Intervention cannot introduce independent issues beyond the appeal's subject matter. Publication was upheld, while the challenges and intervention applications failed.
Committee of Creditors may, through commercial wisdom, invite fresh expressions of interest by publishing a Third Form G where a remitted resolution plan and settlement proposal fail to secure statutory approval. Approval of an earlier plan does not give the resolution applicant an indefeasible right before approval under Section 31; absent legal infirmity, the decision need not be judicially substituted. Assigned creditor claims recognised only after committee voting do not retrospectively alter the voting position where original allottees remained creditors of record, and unproved allegations of fraud or material irregularity do not invalidate prior decisions. Intervention cannot introduce independent issues beyond the appeal's subject matter. Publication was upheld, while the challenges and intervention applications failed.
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