Attachment and proclamation of sale of immovable property: limitation treated from financial year end; proclamation held within period, petition dismi...
Second Schedule attachment and validity of a post-notice mortgage: TRO cannot declare mortgage void ab initio; sale and appropriation allowed thereaft...
Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to reviv...
Deductibility of settlement payments for securities law penalties and treatment of unexplained cash credits in share trading -- Tribunal upholds posit...
Threshold for allottee-initiated insolvency petitions in leasehold real estate upheld; petition admitted after possession letters deemed legally ineff...
Page of 4814
Press 'Enter' after typing page number.
6541 to 6560 of 96262 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Where annual listing fees had already been quantified against the corporate debtors and only recovery remained, the dispute over de-freezing their demat accounts fell within the NCLT's residuary jurisdiction under Section 60(5)(c) of the IBC. The Tribunal held that securities regulatory provisions did not bar such relief when no further regulatory determination was pending, and that the insolvency regime could govern preservation and control of the debtors' assets, including securities. Applying the IBC's overriding effect, the NCLAT upheld the de-freezing orders and rejected the challenge to NCLT jurisdiction, dismissing the appeals.
Where annual listing fees had already been quantified against the corporate debtors and only recovery remained, the dispute over de-freezing their demat accounts fell within the NCLT's residuary jurisdiction under Section 60(5)(c) of the IBC. The Tribunal held that securities regulatory provisions did not bar such relief when no further regulatory determination was pending, and that the insolvency regime could govern preservation and control of the debtors' assets, including securities. Applying the IBC's overriding effect, the NCLAT upheld the de-freezing orders and rejected the challenge to NCLT jurisdiction, dismissing the appeals.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
