Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
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The NCLAT dismissed the application seeking to confine the corporate insolvency resolution process (CIRP) to only the 'Spaze Arrow' project of the corporate debtor. The tribunal observed that claims had been filed by allottees of various projects, including 'Spaze Arrow' and 'Corporate Park'. Confining the CIRP to a single project would exclude claims from other projects. The tribunal noted that the CIRP against the corporate debtor for the 'Corporate Park' project had commenced after obtaining the occupancy and completion certificates, but the proceedings were later set aside due to a settlement. Considering the facts and circumstances, the NCLAT declined to pass an order limiting the CIRP to only the 'Spaze Arrow' project as requested by the applicant.
The NCLAT dismissed the application seeking to confine the corporate insolvency resolution process (CIRP) to only the 'Spaze Arrow' project of the corporate debtor. The tribunal observed that claims had been filed by allottees of various projects, including 'Spaze Arrow' and 'Corporate Park'. Confining the CIRP to a single project would exclude claims from other projects. The tribunal noted that the CIRP against the corporate debtor for the 'Corporate Park' project had commenced after obtaining the occupancy and completion certificates, but the proceedings were later set aside due to a settlement. Considering the facts and circumstances, the NCLAT declined to pass an order limiting the CIRP to only the 'Spaze Arrow' project as requested by the applicant.
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