Cross-border secondment reimbursements require separate employment and knowledge-transfer analysis before taxation as included services under the Indi...
Customs procedure uniformity requires adoption of model clearance practices, subject to specific local requirements and infrastructure or geographical...
In personal guarantor insolvency proceedings initiated by a creditor under Section 95, appointment of a resolution professional under Section 97 is mandatory. The statutory stages under Sections 95 to 99 do not involve judicial adjudication. Objections to the creditor's locus and the maintainability of the application are determined under Section 100 after the resolution professional submits a report. This includes objections to a minority debenture holder's authority under the debenture trust deed, which cannot be adjudicated at the appointment stage.
In personal guarantor insolvency proceedings initiated by a creditor under Section 95, appointment of a resolution professional under Section 97 is mandatory. The statutory stages under Sections 95 to 99 do not involve judicial adjudication. Objections to the creditor's locus and the maintainability of the application are determined under Section 100 after the resolution professional submits a report. This includes objections to a minority debenture holder's authority under the debenture trust deed, which cannot be adjudicated at the appointment stage.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
Get Daily Updates 
