Advance-ruling mechanism governs pending GST classification, exemption and taxability disputes, limiting writ review once the specialised forum functi...
Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Insolvency and BankruptcySeptember 1, 2022Case LawsTri
Initiation of CIRP - Threshold limit for filing application - enhancement of minimum amount of default to one crore - filing of the petition was before that i.e. on 01.03.2020 - Since any notification issued by the Government are generally Prospective in nature unless specifically expressed, hence the notification is not applicable to the present case - the instant Application satisfies the pecuniary criteria under Section 9 of the Code, 2016. - Tri
Initiation of CIRP - Threshold limit for filing application - enhancement of minimum amount of default to one crore - filing of the petition was before that i.e. on 01.03.2020 - Since any notification issued by the Government are generally Prospective in nature unless specifically expressed, hence the notification is not applicable to the present case - the instant Application satisfies the pecuniary criteria under Section 9 of the Code, 2016. - Tri
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