Opportunity to respond to jurisdictional reports is mandatory before customs settlement duty enhancement; connected applications require consistent ad...
Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
Insolvency and BankruptcyDecember 24, 2022Case LawsAT
Validity of approval of Resolution Plan - Dues of EPF - Seeking entire claim to be allowed on priority - the ‘Petitioner’ / ‘Appellant’ is ‘not a Party’ to the ‘Proceedings’ - the Resolution Plan came to be approved with a majority of 97.18% Vote, by giving a due consideration and weightage to the commercial wisdom of the Committee of Creditors, this Tribunal comes to a resultant conclusion, that the impugned order in allowing the IA No.746/2021, by approving the Resolution Plan, is free from any Legal Flaws. - AT
Validity of approval of Resolution Plan - Dues of EPF - Seeking entire claim to be allowed on priority - the ‘Petitioner’ / ‘Appellant’ is ‘not a Party’ to the ‘Proceedings’ - the Resolution Plan came to be approved with a majority of 97.18% Vote, by giving a due consideration and weightage to the commercial wisdom of the Committee of Creditors, this Tribunal comes to a resultant conclusion, that the impugned order in allowing the IA No.746/2021, by approving the Resolution Plan, is free from any Legal Flaws. - AT
Note: It is a system-generated summary and is for quick reference only.