Pre-trial bail granted where custodial period, documentary prosecution, and magistrate-triable offence favor release subject to surety and no witness ...
Allowability of Salary Exemptions: Form 16 entries can substantiate HRA and other salary exemptions, and home loan interest is deductible for a self-o...
Capital gains exemption: payment for plot, architect fees and bona fide commencement of construction can satisfy utilisation requirement and secure re...
A person who was earlier a successful resolution applicant and later defaulted in implementing the resolution plan has no enforceable right to be heard on an application for liquidation and appointment of a liquidator, as this determination concerns the creditor-adjudicating authority matrix regarding subsisting financial liability, plan implementation, and default warranting liquidation. Since liquidation and liquidator appointment confer no specific statutory role or legal right on such person, non-issuance of notice is not infirm, including in light of the adjudicating authority's powers under the IBC. The person may only intervene with a limited right of audience at the stage of final orders, and the appeal challenging non-joinder was dismissed - NCLAT
A person who was earlier a successful resolution applicant and later defaulted in implementing the resolution plan has no enforceable right to be heard on an application for liquidation and appointment of a liquidator, as this determination concerns the creditor-adjudicating authority matrix regarding subsisting financial liability, plan implementation, and default warranting liquidation. Since liquidation and liquidator appointment confer no specific statutory role or legal right on such person, non-issuance of notice is not infirm, including in light of the adjudicating authority's powers under the IBC. The person may only intervene with a limited right of audience at the stage of final orders, and the appeal challenging non-joinder was dismissed - NCLAT
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