Charity-run tree plantation and maintenance for environmental preservation qualifies as "charitable activity", making supplies GST-exempt under Notifi...
Drawings/designs supply and erection supervision fees from German contractor: designs non-taxable; supervision taxed as FTS/PE depending on six-month ...
Page of 4817
Press 'Enter' after typing page number.
7621 to 7640 of 96333 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The liquidator's Process Information Document reserves broad discretion to reject bids and to annul and recommence an e auction to maximise realisation; the Court found that re auction with a higher reserve price may serve value maximisation and stakeholder interest, and that the liquidator may move the appellate tribunal for relief. The High Court declined to entertain the petition and an application to recall its prior order, noting the prior order recorded the liquidator's undertaking to approach the appellate forum and that NCLAT/NCLT have regulatory jurisdiction to decide annulment, re auction and objections. The petition was disposed accordingly.
The liquidator's Process Information Document reserves broad discretion to reject bids and to annul and recommence an e auction to maximise realisation; the Court found that re auction with a higher reserve price may serve value maximisation and stakeholder interest, and that the liquidator may move the appellate tribunal for relief. The High Court declined to entertain the petition and an application to recall its prior order, noting the prior order recorded the liquidator's undertaking to approach the appellate forum and that NCLAT/NCLT have regulatory jurisdiction to decide annulment, re auction and objections. The petition was disposed accordingly.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
