Retrospective application of beneficial circulars upheld, binding officers and granting post adjudication relief where adjudication occurred after cir...
Admissibility of Investigation Statements requires witness examination before the adjudicating authority; otherwise statements cannot sustain a penalt...
Transaction value and connected person treatment in excise valuation: proprietary concerns not inter connected undertakings, relief on valuation and c...
NCLAT-related commentary records that the corporate insolvency resolution process will be closed because the promoter will fund project completion under the supervision of the insolvency resolution professional; a status report and an NOC were placed on record. The note records admission of a Section 7 application context and grants liberty to requisite allottees to initiate fresh proceedings if causes exist. The IRP is to be paid fees and reasonable expenses by the corporate debtor. The appeals are recorded as disposed in light of these operative steps.
NCLAT-related commentary records that the corporate insolvency resolution process will be closed because the promoter will fund project completion under the supervision of the insolvency resolution professional; a status report and an NOC were placed on record. The note records admission of a Section 7 application context and grants liberty to requisite allottees to initiate fresh proceedings if causes exist. The IRP is to be paid fees and reasonable expenses by the corporate debtor. The appeals are recorded as disposed in light of these operative steps.
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