Transfer-pricing aggregation of distinct support-service and subcontract transactions was rejected, while debt-free receivables attracted no notional ...
Customs exemptions cover photovoltaic assembly machinery and PVF backsheets, while fully declared cleared imports may avoid confiscation and penalties...
Specific tariff classification for LCD devices overrides treatment as electricity-meter parts, defeating differential duty, extended limitation, and p...
Stayed disciplinary punishment does not establish unfitness for insolvency professional registration; reconsideration must disregard mere pendency of ...
Indirect corporate control can create related-party status, excluding financial creditors from Committee of Creditors representation, participation an...
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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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