Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Document Identification Number compliance is satisfied when electronically communicated orders are promptly authenticated through a correctly identifi...
Industrial shrimp-feed machinery classification follows its commercial function, placing integrated production plants under the specific industrial fo...
HC held that statutory dues not included in the Resolution Plan under IBC Section 31 are extinguished, precluding further proceedings for pre-approval period. Income tax demands for specified assessment years were not part of the approved plan, thus automatically discharged. The ruling emphasizes that once a Resolution Plan receives NCLT approval, no subsequent claims can be introduced, ensuring the corporate debtor can restart business with a clean financial slate.
HC held that statutory dues not included in the Resolution Plan under IBC Section 31 are extinguished, precluding further proceedings for pre-approval period. Income tax demands for specified assessment years were not part of the approved plan, thus automatically discharged. The ruling emphasizes that once a Resolution Plan receives NCLT approval, no subsequent claims can be introduced, ensuring the corporate debtor can restart business with a clean financial slate.
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