Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Approval of the Resolution Plan - Appellant (Successful Resolution Applicant - SRA) submits that after approval of Resolution Plan of the Appellant by the CoC, there was no occasion for directing consideration of fresh settlement proposal submitted by Ex. Directors to be placed before the CoC - NCLAT noted that the Adjudicating Authority had passed the order without affording the appellant an opportunity to respond to the settlement proposal, which was deemed a violation of principles of natural justice. - The NCLAT set aside the Adjudicating Authority's order and granted the appellant two weeks to file objections to the settlement proposal. - NCLT directed to consider the objections along with the settlement proposal in accordance with the law.
Approval of the Resolution Plan - Appellant (Successful Resolution Applicant - SRA) submits that after approval of Resolution Plan of the Appellant by the CoC, there was no occasion for directing consideration of fresh settlement proposal submitted by Ex. Directors to be placed before the CoC - NCLAT noted that the Adjudicating Authority had passed the order without affording the appellant an opportunity to respond to the settlement proposal, which was deemed a violation of principles of natural justice. - The NCLAT set aside the Adjudicating Authority's order and granted the appellant two weeks to file objections to the settlement proposal. - NCLT directed to consider the objections along with the settlement proposal in accordance with the law.
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