Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
NCLAT allowed the appeal and remitted the matter to the adjudicating authority for fresh consideration limited to the specific queries identified by the Tribunal, directing the CoC to re-evaluate the resolution plan in accordance with Section 30(2)(b)(ii) and Section 30(4) of the Code and relevant CIRP regulations. The Tribunal found defects - alleged unequal treatment of creditors of the same class, non-deposit of performance security contravening Regulation 36B(4A), and failure to disclose source of funds and demonstrate feasibility/viability - and held that the AA may direct reconsideration of those elements but cannot order total re-approval of the plan. Appeal allowed by way of remand; parties directed to comply with the SC precedents cited.
NCLAT allowed the appeal and remitted the matter to the adjudicating authority for fresh consideration limited to the specific queries identified by the Tribunal, directing the CoC to re-evaluate the resolution plan in accordance with Section 30(2)(b)(ii) and Section 30(4) of the Code and relevant CIRP regulations. The Tribunal found defects - alleged unequal treatment of creditors of the same class, non-deposit of performance security contravening Regulation 36B(4A), and failure to disclose source of funds and demonstrate feasibility/viability - and held that the AA may direct reconsideration of those elements but cannot order total re-approval of the plan. Appeal allowed by way of remand; parties directed to comply with the SC precedents cited.
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