Transfer of going concern and transfer of input tax credit under GST allowed; exemption applies though interstate ledger transfers left to authorities...
Concessional Basic Customs Duty on Ethernet switches: classification as enterprise switches upheld, challenge dismissed for lack of substantial law qu...
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Alteration of acquisition structure expressly permitted by terms of an approved resolution plan and approved by the committee of creditors or implementation monitoring committee does not violate the time limit for completion of the corporate insolvency resolution process where the originally approved plan was submitted to the adjudicating authority within the statutory timeline; modification approved thereafter and placed before the authority is not a timeline breach. Operational creditors, including employees, are entitled to the amounts provided in the approved plan and employee provident fund and gratuity dues must be paid in full notwithstanding any capped earmark in the plan.
Alteration of acquisition structure expressly permitted by terms of an approved resolution plan and approved by the committee of creditors or implementation monitoring committee does not violate the time limit for completion of the corporate insolvency resolution process where the originally approved plan was submitted to the adjudicating authority within the statutory timeline; modification approved thereafter and placed before the authority is not a timeline breach. Operational creditors, including employees, are entitled to the amounts provided in the approved plan and employee provident fund and gratuity dues must be paid in full notwithstanding any capped earmark in the plan.
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