Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
The NCLAT, an Appellate Tribunal, rejected an application regarding Auction Sale by a Liquidator in a Company Appeal. The Appellant, an Erstwhile Director/Shareholder of the Corporate Debtor, questioned the Sale Certificate and Sale made by the Liquidator. The Tribunal noted the finality of the Order of Liquidation and the Appellant's status as an Ex-Director/Shareholder. The Appellant's delay in questioning the sale precluded him from reopening the proceedings. The Interlocutory Application was deemed not grounds to revisit the Auction Sale. The appeal was dismissed, and the Impugned Order was affirmed.
The NCLAT, an Appellate Tribunal, rejected an application regarding Auction Sale by a Liquidator in a Company Appeal. The Appellant, an Erstwhile Director/Shareholder of the Corporate Debtor, questioned the Sale Certificate and Sale made by the Liquidator. The Tribunal noted the finality of the Order of Liquidation and the Appellant's status as an Ex-Director/Shareholder. The Appellant's delay in questioning the sale precluded him from reopening the proceedings. The Interlocutory Application was deemed not grounds to revisit the Auction Sale. The appeal was dismissed, and the Impugned Order was affirmed.
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