Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Beneficial ownership was sufficient to sustain proceedings under sections 241-242 and 59 where the transferee had paid full consideration, the sale was confirmed in foreign liquidation, and the liquidator had acknowledged that legal and financial interest in the shares had vested in it; the company could not rely on its own failure to complete transfer formalities to deny locus. The EOGM notice was held valid because it was sent to the liquidator's official email address and there was no legal requirement to send it separately to the secretary. Share transfer under the articles was also held to carry the transferor's obligations, including the non-compete covenant, and the transferee was directed to be admitted as shareholder subject to that covenant.
Beneficial ownership was sufficient to sustain proceedings under sections 241-242 and 59 where the transferee had paid full consideration, the sale was confirmed in foreign liquidation, and the liquidator had acknowledged that legal and financial interest in the shares had vested in it; the company could not rely on its own failure to complete transfer formalities to deny locus. The EOGM notice was held valid because it was sent to the liquidator's official email address and there was no legal requirement to send it separately to the secretary. Share transfer under the articles was also held to carry the transferor's obligations, including the non-compete covenant, and the transferee was directed to be admitted as shareholder subject to that covenant.
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