Request-driven road restoration attracts reverse-charge GST, not governmental-function treatment or compensatory-damages status for business recipient...
Road restoration charges for commercial pipeline works are taxable Government services, with reverse charge liability and no public-function exemption...
Model-wise import cap monitoring cannot justify withholding used multifunction machines where all-India tracking is absent and full security is furnis...
NCLAT dismissed the appeal regarding liquidator's fees. The tribunal found no entitlement to fees under Regulation 4(3) of IBBI (Liquidation Process) Regulations, 2016, as sales realization of Rs. 78.47 crores was significantly less than liquidation costs of Rs. 132 crores. The liquidator's claim for Rs. 188,02,261/- was deemed not tenable, with no remaining realization for fee computation. The alternative request for reasonable compensation based on CIRP fees was also rejected. The appeal was conclusively dismissed with no fees payable to the liquidator.
NCLAT dismissed the appeal regarding liquidator's fees. The tribunal found no entitlement to fees under Regulation 4(3) of IBBI (Liquidation Process) Regulations, 2016, as sales realization of Rs. 78.47 crores was significantly less than liquidation costs of Rs. 132 crores. The liquidator's claim for Rs. 188,02,261/- was deemed not tenable, with no remaining realization for fee computation. The alternative request for reasonable compensation based on CIRP fees was also rejected. The appeal was conclusively dismissed with no fees payable to the liquidator.
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TaxTMI 
TaxTMI 
of 4916 
