Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
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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