Transfer pricing adjustments for software services, corporate guarantees, expense characterisation and foreign tax credit affirmed under arm's length ...
Scientific Research approval for Sikshya O Anusandhan under section 35(1)(ii) granted subject to reporting, certification, and compliance requirements...
Impleadment under Order 1 Rule 10 CPC was considered: applicant failed to show that the lis cannot be effectively decided in his absence, and submitted grounds lacked supporting documents or a distinct legally protectable interest directly affected by the narrow issue (alleged non-consideration of Section 65 in admission). The Resolution Professional had appeared, filed a response and is competent to represent the corporate debtor and obtain information from the suspended director under the insolvency code; consequently impleadment was rejected and the appeal will proceed without the applicant.
Impleadment under Order 1 Rule 10 CPC was considered: applicant failed to show that the lis cannot be effectively decided in his absence, and submitted grounds lacked supporting documents or a distinct legally protectable interest directly affected by the narrow issue (alleged non-consideration of Section 65 in admission). The Resolution Professional had appeared, filed a response and is competent to represent the corporate debtor and obtain information from the suspended director under the insolvency code; consequently impleadment was rejected and the appeal will proceed without the applicant.
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