Tax determination against deceased proprietor invalid where no notice to legal representative; appeal rejected without addressing jurisdictional defec...
Revocation of GST registration and permission to file blocked returns; conditional defreezing of bank accounts after security and instalment applicati...
Right to access seized electronic evidence: impugned adjudication treated as additional show cause notice, remand for fresh hearing and return of mate...
Revisability of return invalidation communications under tax procedure affirmed, impugned non revisional finding quashed and matter remitted for fresh...
Maintainability of insolvency petitions by real estate allottees was examined, rejecting the corporate debtor's contention that the allottees were speculative investors where prior consent terms had already treated them as financial creditors, and holding that breach of settlement does not preclude a Section 7 application. The corporate debtor bears the burden to prove allotted unit numbers for threshold assessment. The matter is remanded for the adjudicating authority to determine whether the allottee applicants meet the statutory numerical threshold, with liberty granted to the corporate debtor and allottees to file additional affidavits and replies and for consequential orders if the threshold is satisfied.
Maintainability of insolvency petitions by real estate allottees was examined, rejecting the corporate debtor's contention that the allottees were speculative investors where prior consent terms had already treated them as financial creditors, and holding that breach of settlement does not preclude a Section 7 application. The corporate debtor bears the burden to prove allotted unit numbers for threshold assessment. The matter is remanded for the adjudicating authority to determine whether the allottee applicants meet the statutory numerical threshold, with liberty granted to the corporate debtor and allottees to file additional affidavits and replies and for consequential orders if the threshold is satisfied.
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