Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
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The Appellate Tribunal allowed the appeal, setting aside the order of admission against the Corporate Debtor due to the settlement reached and payment received by the creditor. The Insolvency Resolution Professional (IRP) worked for a brief period before the Committee of Creditors' (CoC) constitution was stayed. The IRP can claim CIRP costs by filing an application before the Adjudicating Authority. The Financial Creditor shall file the prescribed form along with a bank guarantee to the IRP, who will then submit it to the Adjudicating Authority for withdrawal of the petition. The other creditor's petition can be revived to pursue claims against the Corporate Debtor.
The Appellate Tribunal allowed the appeal, setting aside the order of admission against the Corporate Debtor due to the settlement reached and payment received by the creditor. The Insolvency Resolution Professional (IRP) worked for a brief period before the Committee of Creditors' (CoC) constitution was stayed. The IRP can claim CIRP costs by filing an application before the Adjudicating Authority. The Financial Creditor shall file the prescribed form along with a bank guarantee to the IRP, who will then submit it to the Adjudicating Authority for withdrawal of the petition. The other creditor's petition can be revived to pursue claims against the Corporate Debtor.
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