Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
Works contract classification governs composite layout-development contracts where VAT-paid goods are transferred alongside construction and infrastru...
Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
Jurisdictional facts in certificate-of-origin discrepancies can support customs show-cause proceedings, leaving factual explanations for departmental ...
The Supreme Court allowed the appeal and held that the delay of around 12 days (not of 17 days) in filing the appeal was within the condonable limit of 15 days u/s 61(2) of the Insolvency and Bankruptcy Code, 2016. The application for condonation of delay should be decided on merits by the NCLAT. The matter will be listed before the NCLAT on 29.01.2025 for further proceedings.
The Supreme Court allowed the appeal and held that the delay of around 12 days (not of 17 days) in filing the appeal was within the condonable limit of 15 days u/s 61(2) of the Insolvency and Bankruptcy Code, 2016. The application for condonation of delay should be decided on merits by the NCLAT. The matter will be listed before the NCLAT on 29.01.2025 for further proceedings.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4786
Join Channel
TaxTMI 
