Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
The High Court held that the order passed by NCLT approving the Resolution Plan u/s 31(1) of the Insolvency and Bankruptcy Code, 2016 is an appealable order u/s 61, with a limitation period of 30 days + 15 days to file an appeal before NCLAT. As the respondents failed to challenge the NCLT order within the prescribed time, they cannot take a stand contrary to the approved Resolution Plan. Consequently, the writ petition was allowed.
The High Court held that the order passed by NCLT approving the Resolution Plan u/s 31(1) of the Insolvency and Bankruptcy Code, 2016 is an appealable order u/s 61, with a limitation period of 30 days + 15 days to file an appeal before NCLAT. As the respondents failed to challenge the NCLT order within the prescribed time, they cannot take a stand contrary to the approved Resolution Plan. Consequently, the writ petition was allowed.
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