Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
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
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