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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Tri dismissed the petition alleging oppression and mismanagement under Sections 397 & 398 of Companies Act, 1956. The tribunal found the petitioner suppressed material facts about initial company formation and land acquisition agreements. Documentary evidence demonstrated the petitioner was part of an original group agreement with equal capital participation. The petitioner failed to substantiate claims of misappropriation and was deemed to have approached the tribunal without clean hands. The tribunal emphasized that party conduct is crucial in equitable proceedings, ultimately rejecting the petitioner's allegations as vague and unsupported by sufficient evidence.
Tri dismissed the petition alleging oppression and mismanagement under Sections 397 & 398 of Companies Act, 1956. The tribunal found the petitioner suppressed material facts about initial company formation and land acquisition agreements. Documentary evidence demonstrated the petitioner was part of an original group agreement with equal capital participation. The petitioner failed to substantiate claims of misappropriation and was deemed to have approached the tribunal without clean hands. The tribunal emphasized that party conduct is crucial in equitable proceedings, ultimately rejecting the petitioner's allegations as vague and unsupported by sufficient evidence.
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