Indirect corporate control can create related-party status, excluding financial creditors from Committee of Creditors representation, participation an...
Scientific research association approval requires continuing SIRO status, annual donation reporting, and donor certificates for the approved foundatio...
Scientific research institution approval is conditional on SIRO recognition, annual donation reporting, donor certification, and prescribed compliance...
The High Court held that the interest on a money award is to be calculated at three times the RBI-notified rates with monthly compounding, fluctuating along with RBI rates. The award-debtor must pay interest calculated this way from the appointed date to repayment within 4 weeks, providing detailed calculations. The award-holder may withdraw or utilize the already paid/deposited amount. The matter will be listed for compliance on August 6, 2024, with the award-debtor required to file an affidavit showing full payment of interest and principal, along with detailed interest calculations.
The High Court held that the interest on a money award is to be calculated at three times the RBI-notified rates with monthly compounding, fluctuating along with RBI rates. The award-debtor must pay interest calculated this way from the appointed date to repayment within 4 weeks, providing detailed calculations. The award-holder may withdraw or utilize the already paid/deposited amount. The matter will be listed for compliance on August 6, 2024, with the award-debtor required to file an affidavit showing full payment of interest and principal, along with detailed interest calculations.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4884 
