Inventory write-off and fraudulent/wrongful trading allegations in corporate insolvency led to director liability principles applied and appeal dismis...
Condonation of delay in filing GSTR-3B returns and entitlement to Section 62 benefit results in withdrawal of assessments and revocation of attachment...
Interim protection was confined to preserving the project land and related rights while the Company Petition under oppression and mismanagement allegations remains pending; the Court directed continuation of existing interim arrangements and status quo to prevent alteration of the property or creation of further third party interests, and expressly left all merits open for the competent forum. The Court also directed the trial tribunal to proceed expeditiously with the Company Petition and endeavour to decide the matter promptly, without addressing substantive merits itself.
Interim protection was confined to preserving the project land and related rights while the Company Petition under oppression and mismanagement allegations remains pending; the Court directed continuation of existing interim arrangements and status quo to prevent alteration of the property or creation of further third party interests, and expressly left all merits open for the competent forum. The Court also directed the trial tribunal to proceed expeditiously with the Company Petition and endeavour to decide the matter promptly, without addressing substantive merits itself.
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