Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Resolution plan approved by Committee of Creditors (CoC) with 97.54% vote share. Commercial wisdom of CoC in approving resolution plan not to be lightly interfered with. Adjudicating Authority's jurisdiction limited to Section 30(2) of Insolvency and Bankruptcy Code (IBC). Resolution plan meets requirements of Section 30(2). No grounds to interfere with Adjudicating Authority's order approving resolution plan. Appeal dismissed by National Company Law Appellate Tribunal (NCLAT).
Resolution plan approved by Committee of Creditors (CoC) with 97.54% vote share. Commercial wisdom of CoC in approving resolution plan not to be lightly interfered with. Adjudicating Authority's jurisdiction limited to Section 30(2) of Insolvency and Bankruptcy Code (IBC). Resolution plan meets requirements of Section 30(2). No grounds to interfere with Adjudicating Authority's order approving resolution plan. Appeal dismissed by National Company Law Appellate Tribunal (NCLAT).
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TaxTMI 
TaxTMI 
