Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The NCLAT allows the appeals and sets aside the impugned orders, holding that the learned adjudicating authority erred in dismissing the Section 95 applications in limitation on the first hearing date, given the SC's determination that stages under Secs. 95 and 99 IBC do not constitute judicial adjudication. The Section 95 applications filed by the financial creditor are restored to their original numbers. The matters are remanded to the adjudicating authority to decide afresh in accordance with law. The appeals are allowed by way of remand and the parties are directed to appear before the adjudicating authority on 23.09.2025.
The NCLAT allows the appeals and sets aside the impugned orders, holding that the learned adjudicating authority erred in dismissing the Section 95 applications in limitation on the first hearing date, given the SC's determination that stages under Secs. 95 and 99 IBC do not constitute judicial adjudication. The Section 95 applications filed by the financial creditor are restored to their original numbers. The matters are remanded to the adjudicating authority to decide afresh in accordance with law. The appeals are allowed by way of remand and the parties are directed to appear before the adjudicating authority on 23.09.2025.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
