Concessional Basic Customs Duty on Ethernet switches: classification as enterprise switches upheld, challenge dismissed for lack of substantial law qu...
Insolvency petition based on admitted debt and default upheld; challenge for malicious initiation rejected, settlement may proceed under resolution fr...
Quashing of FIR and challenge to ECIR over alleged diversion of funds and preferential ESOP pricing dismissed after prima facie money-laundering findi...
The note addresses threshold applicability in insolvency petitions, concluding the claimed default date fell outside the temporal provision and therefore the petition could not seek relief under that threshold; this legal point determined maintainability. It also affirms recoverability of contractual interest where invoices and purchase orders expressly provided for post due interest and the statement of account recorded invoice dates, numbers, due dates and interest, making the claimed sums evidentially supported. The article records that the appellate review found no illegality in the impugned order and dismissed the appeal for lack of merit.
The note addresses threshold applicability in insolvency petitions, concluding the claimed default date fell outside the temporal provision and therefore the petition could not seek relief under that threshold; this legal point determined maintainability. It also affirms recoverability of contractual interest where invoices and purchase orders expressly provided for post due interest and the statement of account recorded invoice dates, numbers, due dates and interest, making the claimed sums evidentially supported. The article records that the appellate review found no illegality in the impugned order and dismissed the appeal for lack of merit.
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