Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
Accredited investor eligibility expands through securities-market exposure, while alternative investment fund disputes require prescribed resolution a...
Page of 4916
Press 'Enter' after typing page number.
41 to 60 of 98302 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
NCLAT dismissed appeals challenging a Section 7 IBC application, finding the petition within limitation period. The Tribunal held that consistent debt acknowledgment in balance sheets from FY 2015-16 to 2022-23 extended the limitation period under Section 18 of Limitation Act. Despite initial default on 31.03.2016, the Financial Creditor's evidence demonstrated continuing liability, with specific creditor details appearing in 2022-23 balance sheet. The Tribunal rejected arguments regarding improper NPA classification, affirming the Adjudicating Authority's findings that the debt was validly acknowledged and the application was not time-barred. Appeals were consequently dismissed as lacking merit.
NCLAT dismissed appeals challenging a Section 7 IBC application, finding the petition within limitation period. The Tribunal held that consistent debt acknowledgment in balance sheets from FY 2015-16 to 2022-23 extended the limitation period under Section 18 of Limitation Act. Despite initial default on 31.03.2016, the Financial Creditor's evidence demonstrated continuing liability, with specific creditor details appearing in 2022-23 balance sheet. The Tribunal rejected arguments regarding improper NPA classification, affirming the Adjudicating Authority's findings that the debt was validly acknowledged and the application was not time-barred. Appeals were consequently dismissed as lacking merit.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
