Co-operative credit society deduction on bank deposit interest upheld where funds were business funds and income remained attributable to member credi...
Transfer pricing benchmarking and receivables adjustments remanded: segmental financials need proper scrutiny, and foreign-currency interest must trac...
Insolvency and BankruptcySeptember 6, 2023Case LawsAT
Initiation of CIRP - Threshold limit of default for admission of application - inclusion of interest for arriving at a claim - the quantum of interest comes into play as per the clauses of the Agreement of Sale entered into between the Parties. - Interest amount rightly added to meet the threshold limit. - AT
Initiation of CIRP - Threshold limit of default for admission of application - inclusion of interest for arriving at a claim - the quantum of interest comes into play as per the clauses of the Agreement of Sale entered into between the Parties. - Interest amount rightly added to meet the threshold limit. - AT
Note: It is a system-generated summary and is for quick reference only.