Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Admission of Section 7 application filed by the Financial Creditor - invocation of guarantee - application filed by the Financial Creditor is barred by Section 10A of IBC or not - The NCLAT found that the invocation of the guarantee on 22.02.2020, which preceded the 10A period, allowed for the initiation of insolvency proceedings under Section 7. Therefore, the tribunal held that Section 10A did not bar the application.
Admission of Section 7 application filed by the Financial Creditor - invocation of guarantee - application filed by the Financial Creditor is barred by Section 10A of IBC or not - The NCLAT found that the invocation of the guarantee on 22.02.2020, which preceded the 10A period, allowed for the initiation of insolvency proceedings under Section 7. Therefore, the tribunal held that Section 10A did not bar the application.
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