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 BankruptcyApril 30, 2022Case LawsAT
Eligibility to submit resolution plan - the Successful Resolution Applicant working through Mrs. Rashmi Saxena, one of its directors, was not ineligible to submit a resolution plan of the Corporate Debtor/Earth Infrastructure Ltd.. Moreover, the resolution plan has been approved by the financial creditors in class voting through their authorized representative - there are no reason to interfere with the impugned order - appeal dismissed. - AT
Eligibility to submit resolution plan - the Successful Resolution Applicant working through Mrs. Rashmi Saxena, one of its directors, was not ineligible to submit a resolution plan of the Corporate Debtor/Earth Infrastructure Ltd.. Moreover, the resolution plan has been approved by the financial creditors in class voting through their authorized representative - there are no reason to interfere with the impugned order - appeal dismissed. - AT
Note: It is a system-generated summary and is for quick reference only.