Opportunity to respond to jurisdictional reports is mandatory before customs settlement duty enhancement; connected applications require consistent ad...
Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
Resolution process for Category II company IECCL initiated by IL&FS in January 2021 through Expression of Interest for acquisition of 42.25% shareholding. Process ongoing with participation of ICICI Bank as lead lender and Committee of Creditors meetings. Revised bid by Howen International Fund SPC under consideration by CoC. IECCL resolution process allowed to proceed, with liberty to ICICI Bank to raise objections on extinguishment of entire debt for mere 42.25% shareholding payment. Hearing on related application scheduled, excluding prayers regarding IECCL resolution which commenced in 2021 and to be completed irrespective of pendency.
Resolution process for Category II company IECCL initiated by IL&FS in January 2021 through Expression of Interest for acquisition of 42.25% shareholding. Process ongoing with participation of ICICI Bank as lead lender and Committee of Creditors meetings. Revised bid by Howen International Fund SPC under consideration by CoC. IECCL resolution process allowed to proceed, with liberty to ICICI Bank to raise objections on extinguishment of entire debt for mere 42.25% shareholding payment. Hearing on related application scheduled, excluding prayers regarding IECCL resolution which commenced in 2021 and to be completed irrespective of pendency.
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