Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
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...
The High Court addressed the jurisdictional conflict between Civil Court and NCLT/NCLAT in a dispute over share transfer/title. The plaint was rejected based on SPA's Clause 8, citing Companies Act, 2013. Court held SPA mandated arbitration but didn't exclude Civil Court jurisdiction. The objection on Arbitration Act's Section 11 appointment was premature. Companies Act sections don't bar the Civil Court from hearing share disputes. NCLT isn't suitable for individual share disputes. The order rejecting the plaint was overturned as Companies Act sections didn't apply.
The High Court addressed the jurisdictional conflict between Civil Court and NCLT/NCLAT in a dispute over share transfer/title. The plaint was rejected based on SPA's Clause 8, citing Companies Act, 2013. Court held SPA mandated arbitration but didn't exclude Civil Court jurisdiction. The objection on Arbitration Act's Section 11 appointment was premature. Companies Act sections don't bar the Civil Court from hearing share disputes. NCLT isn't suitable for individual share disputes. The order rejecting the plaint was overturned as Companies Act sections didn't apply.
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