Mark-to-Market losses on principal-protected debentures are deductible as business expenditure when the obligation is crystallized under mercantile ac...
Page of 4814
Press 'Enter' after typing page number.
5701 to 5720 of 96262 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Statutory trust rights under the NABARD Act and Rule 10 of the FSP Rules require the administrator to segregate third party receivables; filing a claim in Form C does not relinquish statutory entitlements, and providing transaction details preserves those rights. The adjudicating authority erred by treating the claimant's CoC membership and the resolution plan as extinguishing the statutory claim; the approved distribution mechanism already carved out amounts for the statutory claimant and mandates payment if the application succeeds. The appellate forum allowed the application, set aside the rejection, and ordered payment from the amount set apart with adjustment for sums previously paid.
Statutory trust rights under the NABARD Act and Rule 10 of the FSP Rules require the administrator to segregate third party receivables; filing a claim in Form C does not relinquish statutory entitlements, and providing transaction details preserves those rights. The adjudicating authority erred by treating the claimant's CoC membership and the resolution plan as extinguishing the statutory claim; the approved distribution mechanism already carved out amounts for the statutory claimant and mandates payment if the application succeeds. The appellate forum allowed the application, set aside the rejection, and ordered payment from the amount set apart with adjustment for sums previously paid.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
