Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
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During CIRP period, RP is responsible for discharging pending payments including maintenance charges and electricity dues as per statutory construct of IBC and RERA Act. RP made bona fide efforts to apprise allottees about clearing outstanding electricity dues to avoid disconnection. CoC's commercial decisions regarding maintenance fees and electricity dues recovery are paramount and non-justiciable. Payment of electricity charges being an essential service can be accounted as CIRP cost and Corporate Debtor is liable to pay during moratorium period. RP obligated to make payment of electricity dues as approved by CoC and apply coercive measures for collection from allottees to make payment to electricity supplier. No infirmity found in Adjudicating Authority's order.
During CIRP period, RP is responsible for discharging pending payments including maintenance charges and electricity dues as per statutory construct of IBC and RERA Act. RP made bona fide efforts to apprise allottees about clearing outstanding electricity dues to avoid disconnection. CoC's commercial decisions regarding maintenance fees and electricity dues recovery are paramount and non-justiciable. Payment of electricity charges being an essential service can be accounted as CIRP cost and Corporate Debtor is liable to pay during moratorium period. RP obligated to make payment of electricity dues as approved by CoC and apply coercive measures for collection from allottees to make payment to electricity supplier. No infirmity found in Adjudicating Authority's order.
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