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...
Participation in arbitration despite knowledge that a sole arbitrator departs from an agreed three-member tribunal, coupled with consent to time extensions and counterclaims, constitutes waiver and acquiescence in the tribunal's composition. An insolvency moratorium restricts recovery proceedings against a corporate debtor but does not bar it from pursuing its own arbitral claims, including through persons authorised by the resolution professional with creditor-committee approval. Extension of an arbitral mandate lies with the court defined as the principal civil court of original jurisdiction or an original-jurisdiction High Court. Appointment jurisdiction for constituting a tribunal creates no continuing supervisory power to extend its mandate and does not trigger exclusive-jurisdiction rules.
Participation in arbitration despite knowledge that a sole arbitrator departs from an agreed three-member tribunal, coupled with consent to time extensions and counterclaims, constitutes waiver and acquiescence in the tribunal's composition. An insolvency moratorium restricts recovery proceedings against a corporate debtor but does not bar it from pursuing its own arbitral claims, including through persons authorised by the resolution professional with creditor-committee approval. Extension of an arbitral mandate lies with the court defined as the principal civil court of original jurisdiction or an original-jurisdiction High Court. Appointment jurisdiction for constituting a tribunal creates no continuing supervisory power to extend its mandate and does not trigger exclusive-jurisdiction rules.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
