Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Insolvency and BankruptcyDecember 23, 2022Case LawsAT
Initiation of CIRP - Period of limitation - Financial Creditors - The material on record shows that the Corporate Debtor has been consistently acknowledging its debt from 31.03.2010 onwards by way of letters in Restructuring Packages, and also by way of communication the Appellant/Financial Creditor for Restructuring, apart from the liability being shown in the Balance Sheets. - The Section 7 Application is not barred by Limitation - AT
Initiation of CIRP - Period of limitation - Financial Creditors - The material on record shows that the Corporate Debtor has been consistently acknowledging its debt from 31.03.2010 onwards by way of letters in Restructuring Packages, and also by way of communication the Appellant/Financial Creditor for Restructuring, apart from the liability being shown in the Balance Sheets. - The Section 7 Application is not barred by Limitation - AT
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