Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
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Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
This legal matter concerns the attachment of two bank accounts belonging to the petitioner, a private limited company, due to personal liability imposed on its directors. The High Court disposed of the petition by directing the respondent to consider and resolve the petitioner's representation dated 20-9-2023 within one month. The respondent must provide a reasonable opportunity to the petitioner and consider the provisions of the Finance Act while disposing of the representation. No costs were awarded.
This legal matter concerns the attachment of two bank accounts belonging to the petitioner, a private limited company, due to personal liability imposed on its directors. The High Court disposed of the petition by directing the respondent to consider and resolve the petitioner's representation dated 20-9-2023 within one month. The respondent must provide a reasonable opportunity to the petitioner and consider the provisions of the Finance Act while disposing of the representation. No costs were awarded.
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