Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Pre-existing dispute between parties regarding inflated invoices issued by appellant's staff/employees for different project under same Master Service Agreement. Corporate debtor entitled to rights/liabilities under Principal Agreement, so dispute over invoices covered. Appellant commenced investigation, filed police complaint after learning of inflated invoices. Correspondence shows corporate debtor disputed entitlement/payment before demand notice, indicating pre-existing dispute. Adjudicating authority rightly rejected Section 9 application due to pre-existing dispute evident from prior correspondence. No error by adjudicating authority in rejecting application. Appeal dismissed by appellate tribunal as lacking merit.
Pre-existing dispute between parties regarding inflated invoices issued by appellant's staff/employees for different project under same Master Service Agreement. Corporate debtor entitled to rights/liabilities under Principal Agreement, so dispute over invoices covered. Appellant commenced investigation, filed police complaint after learning of inflated invoices. Correspondence shows corporate debtor disputed entitlement/payment before demand notice, indicating pre-existing dispute. Adjudicating authority rightly rejected Section 9 application due to pre-existing dispute evident from prior correspondence. No error by adjudicating authority in rejecting application. Appeal dismissed by appellate tribunal as lacking merit.
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