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Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
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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