Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
HC, in revisional jurisdiction under Section 115 CPC, set aside the trial court's order refusing rejection of the plaint under Order VII Rule 11 CPC. It held that the suit, challenging alleged forged and ante-dated shareholders' agreements, board resolutions and share transfer documents, is barred by Section 430 of the Companies Act, 2013, as the core issues are already agitated in a pending company petition before NCLT, which is competent to examine allegations of forgery and fraud integral to company affairs. To avoid multiplicity and conflicting findings, the plaint was rejected as not maintainable; other objections were left open.
HC, in revisional jurisdiction under Section 115 CPC, set aside the trial court's order refusing rejection of the plaint under Order VII Rule 11 CPC. It held that the suit, challenging alleged forged and ante-dated shareholders' agreements, board resolutions and share transfer documents, is barred by Section 430 of the Companies Act, 2013, as the core issues are already agitated in a pending company petition before NCLT, which is competent to examine allegations of forgery and fraud integral to company affairs. To avoid multiplicity and conflicting findings, the plaint was rejected as not maintainable; other objections were left open.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
