Threshold for allottee-initiated insolvency petitions in leasehold real estate upheld; petition admitted after possession letters deemed legally ineff...
Contravention of foreign exchange rules in crossborder diamond payments; appellate tribunal reduces one appellant's penalty for delay and proportional...
RPA (Remote Pilot Aircraft) for military use defined to include drones/UAV/UAS; exemptions limited to specified defence imports with Joint Secretary c...
Transfer of going concern and transfer of input tax credit under GST allowed; exemption applies though interstate ledger transfers left to authorities...
Regulation 47B(1) of the IBBI (Liquidation Process) Regulations, 2016 is substituted to mandate that the liquidator file such forms, with their enclosures, as may be notified by IBBI from time to time, on IBBI's electronic platform, and in accordance with the specific timelines prescribed for each form. This operationally shifts compliance to a dynamic, form-wise electronic filing regime and makes adherence to the notified platform and per-form deadlines a continuing statutory obligation in liquidation proceedings.
Regulation 47B(1) of the IBBI (Liquidation Process) Regulations, 2016 is substituted to mandate that the liquidator file such forms, with their enclosures, as may be notified by IBBI from time to time, on IBBI's electronic platform, and in accordance with the specific timelines prescribed for each form. This operationally shifts compliance to a dynamic, form-wise electronic filing regime and makes adherence to the notified platform and per-form deadlines a continuing statutory obligation in liquidation proceedings.
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