Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Insolvency and BankruptcyFebruary 23, 2024Case LawsAT
Prayer for condonation of delay of 1197 days and admission of the claim - The appellants argue that their claims should be considered despite the approval of the Resolution Plan by the CoC. They contend that the Corporate Debtor is bound to honor agreements, but the respondents argue that no new claims can be admitted after the approval of the plan. - The NCLAT held that, there is no error has been committed by the Adjudicating Authority in rejecting Applications filed by the Appellants.
Prayer for condonation of delay of 1197 days and admission of the claim - The appellants argue that their claims should be considered despite the approval of the Resolution Plan by the CoC. They contend that the Corporate Debtor is bound to honor agreements, but the respondents argue that no new claims can be admitted after the approval of the plan. - The NCLAT held that, there is no error has been committed by the Adjudicating Authority in rejecting Applications filed by the Appellants.
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