Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Insolvency and BankruptcyJanuary 29, 2020Case LawsTri
Permission to Liquidator to cause sale of assets of the Corporate Debtor - As to relief under section 52 of the Code, when debt is secured, the creditor is always at liberty to proceed u/s 52 of the Code under liquidation. That right cannot be whittled down by the RP by filing an application to enable him to treat it as an asset falling under section 53 of the Code.
Permission to Liquidator to cause sale of assets of the Corporate Debtor - As to relief under section 52 of the Code, when debt is secured, the creditor is always at liberty to proceed u/s 52 of the Code under liquidation. That right cannot be whittled down by the RP by filing an application to enable him to treat it as an asset falling under section 53 of the Code.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
