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...
Challenging the approval of Resolution plan -Delaying Tactics - This ‘Tribunal’ taking note of the divergent contentions advanced on either side and also bearing in mind the facts and circumstances of the present case, in a conspectus comes to a resultant conclusion that the ‘Adjudicating Authority’ (National Company Law Tribunal, Cochin Bench) had in application had come to a correct conclusion on 22.02.2021 that the ‘Appellant’/‘Applicants’ claim for rejection of ‘Resolution Plan’ could not be entertained at the stage when ‘Resolution Professional’ had filed the ‘Resolution Plan’ before it, and also when the Plan was to be approved. - AT
Challenging the approval of Resolution plan -Delaying Tactics - This ‘Tribunal’ taking note of the divergent contentions advanced on either side and also bearing in mind the facts and circumstances of the present case, in a conspectus comes to a resultant conclusion that the ‘Adjudicating Authority’ (National Company Law Tribunal, Cochin Bench) had in application had come to a correct conclusion on 22.02.2021 that the ‘Appellant’/‘Applicants’ claim for rejection of ‘Resolution Plan’ could not be entertained at the stage when ‘Resolution Professional’ had filed the ‘Resolution Plan’ before it, and also when the Plan was to be approved. - AT
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