Pre-trial bail granted where custodial period, documentary prosecution, and magistrate-triable offence favor release subject to surety and no witness ...
Allowability of Salary Exemptions: Form 16 entries can substantiate HRA and other salary exemptions, and home loan interest is deductible for a self-o...
Capital gains exemption: payment for plot, architect fees and bona fide commencement of construction can satisfy utilisation requirement and secure re...
Effective service of a demand notice under Sections 8 and 9 of the Insolvency and Bankruptcy Code is directed to making the corporate debtor aware of the default and proposed insolvency action. Service sent to the respondent's email address recorded on the MCA portal was treated as valid electronic service. The NCLAT further held that, if the Adjudicating Authority doubted proof of service, it should have given the appellant an opportunity to place material and explain compliance before rejecting the Section 9 application. Dismissal on a ground raised by the Tribunal without hearing the appellant, especially where the respondent remained ex parte, was held perverse. The rejection order was set aside and the matter remitted for fresh decision on merits.
Effective service of a demand notice under Sections 8 and 9 of the Insolvency and Bankruptcy Code is directed to making the corporate debtor aware of the default and proposed insolvency action. Service sent to the respondent's email address recorded on the MCA portal was treated as valid electronic service. The NCLAT further held that, if the Adjudicating Authority doubted proof of service, it should have given the appellant an opportunity to place material and explain compliance before rejecting the Section 9 application. Dismissal on a ground raised by the Tribunal without hearing the appellant, especially where the respondent remained ex parte, was held perverse. The rejection order was set aside and the matter remitted for fresh decision on merits.
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