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...
HC held that once a resolution plan is approved under IBC Section 31, all claims are frozen and binding on stakeholders. The claims by operational creditors were addressed in the amended resolution plan, effectively creating a clean slate for the corporate debtor. Applying CPC Order XII Rule 6, the court found unambiguous admissions warranting immediate judgment. The suit was decreed, ordering the defendant to pay Rs. 19,55,00,000 with 24% per annum interest, based on the principle of speedy resolution and extinguishment of pre-resolution claims.
HC held that once a resolution plan is approved under IBC Section 31, all claims are frozen and binding on stakeholders. The claims by operational creditors were addressed in the amended resolution plan, effectively creating a clean slate for the corporate debtor. Applying CPC Order XII Rule 6, the court found unambiguous admissions warranting immediate judgment. The suit was decreed, ordering the defendant to pay Rs. 19,55,00,000 with 24% per annum interest, based on the principle of speedy resolution and extinguishment of pre-resolution claims.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
