Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Insolvency and BankruptcyApril 15, 2023Case LawsAT
Admission of Section 7 application - Financial Debt - once the Debt and Default are proved, to its satisfaction - A moonshine or an illusory defence, cannot be put forward by a party, and the same can be brushed assigned by an Adjudicating Authority/ Tribunal in a given case, and even the term claim,(as per Section 3(6) of the code) points out a right to payment, despite the fact the same is controverted/disputed. - AT
Admission of Section 7 application - Financial Debt - once the Debt and Default are proved, to its satisfaction - A moonshine or an illusory defence, cannot be put forward by a party, and the same can be brushed assigned by an Adjudicating Authority/ Tribunal in a given case, and even the term claim,(as per Section 3(6) of the code) points out a right to payment, despite the fact the same is controverted/disputed. - AT
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