Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
In an appeal arising from oppression and mismanagement proceedings under Sections 241-242 of the Companies Act, 2013, involving allegations of undue gains and filing of false records/documents and a request to implement an equal shareholding pattern between two family groups, the tribunal accepted a post-dispute settlement placed on record through a memorandum. Consideration under the settlement was tendered through two demand drafts produced before the tribunal, with directions for controlled handover and acknowledgments. On that basis, the impugned order under challenge was substituted by the settlement terms, and the appeal was closed in terms of the memorandum of settlement. - NCLAT
In an appeal arising from oppression and mismanagement proceedings under Sections 241-242 of the Companies Act, 2013, involving allegations of undue gains and filing of false records/documents and a request to implement an equal shareholding pattern between two family groups, the tribunal accepted a post-dispute settlement placed on record through a memorandum. Consideration under the settlement was tendered through two demand drafts produced before the tribunal, with directions for controlled handover and acknowledgments. On that basis, the impugned order under challenge was substituted by the settlement terms, and the appeal was closed in terms of the memorandum of settlement. - NCLAT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
