Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
Transfer pricing on performance guarantees and overdue receivables deleted where warranty obligations were embedded and working capital adjustment alr...
NCLAT dismissed the appeal involving a suspended corporate director's request for a resolution plan copy. The appellate tribunal ruled that the resolution professional (RP) was justified in requesting an undertaking preventing the appellant and related parties from submitting a competing resolution plan, given that the appellant's brother was simultaneously preparing a plan submission. The tribunal found the RP's precautionary measure reasonable to protect confidential information and prevent potential conflicts of interest in the insolvency proceedings. The appeal was consequently rejected, upholding the RP's discretionary decision to safeguard the resolution plan's integrity.
NCLAT dismissed the appeal involving a suspended corporate director's request for a resolution plan copy. The appellate tribunal ruled that the resolution professional (RP) was justified in requesting an undertaking preventing the appellant and related parties from submitting a competing resolution plan, given that the appellant's brother was simultaneously preparing a plan submission. The tribunal found the RP's precautionary measure reasonable to protect confidential information and prevent potential conflicts of interest in the insolvency proceedings. The appeal was consequently rejected, upholding the RP's discretionary decision to safeguard the resolution plan's integrity.
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