PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Seeking refund of money equivalent to the Bank Guarantees invoked - What does not belong to the ‘Corporate Debtor’ cannot be sought to be refunded back to the ‘Corporate Debtor’. In the instant case, the ‘Corporate Debtor’ was unable to execute the work with the given advance and the ‘Mobilisation Advance Bank Guarantee’, which is generally issued at the commencement of the contract, viewed from any angle, cannot be said to be ‘an Asset belonging to the Corporate Debtor’ - AT
Seeking refund of money equivalent to the Bank Guarantees invoked - What does not belong to the ‘Corporate Debtor’ cannot be sought to be refunded back to the ‘Corporate Debtor’. In the instant case, the ‘Corporate Debtor’ was unable to execute the work with the given advance and the ‘Mobilisation Advance Bank Guarantee’, which is generally issued at the commencement of the contract, viewed from any angle, cannot be said to be ‘an Asset belonging to the Corporate Debtor’ - AT
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