Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
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...
The CLB, under Section 10E of the Companies Act, 1956, was found to lack the power to punish for contempt of its order. - The power to punish for contempt of the CLB's order was discussed in relation to Section 425 of the Act, which does not grant the CLB such authority. - The jurisdiction of the CLB to issue contempt notice was analyzed based on Section 434(1)(a) of the Act, which transfers pending matters to the Tribunal. - The doctrine of merger was applied, stating that the CLB's order had merged with the Guwahati High Court's order due to subsequent appeals. - The directors' appeal was allowed, with the Tribunal noting their lack of control over the Company's affairs but holding them bound by the order until payment to 3A Capital is made.
The CLB, under Section 10E of the Companies Act, 1956, was found to lack the power to punish for contempt of its order. - The power to punish for contempt of the CLB's order was discussed in relation to Section 425 of the Act, which does not grant the CLB such authority. - The jurisdiction of the CLB to issue contempt notice was analyzed based on Section 434(1)(a) of the Act, which transfers pending matters to the Tribunal. - The doctrine of merger was applied, stating that the CLB's order had merged with the Guwahati High Court's order due to subsequent appeals. - The directors' appeal was allowed, with the Tribunal noting their lack of control over the Company's affairs but holding them bound by the order until payment to 3A Capital is made.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
