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    Operational debt from consortium supply advances survives where no genuine pre-existing dispute predates the insolvency demand notice.
    Resolution-plan tax waivers do not cover GST liabilities arising after the plan's specified cut-off, requiring statutory appeal and pre-deposit.
    Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
    Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
    Corporate insolvency safeguards resolution-plan approval where no material prejudice, statutory breach, or irregularity is proved.
    Mortgage priority in liquidation preserves earlier pari-passu charges and places unexercised subordinate security within the liquidation estate.
    Minimum default threshold governs insolvency admission where pre-admission repayments reduce outstanding debt below the required threshold.
    Judicially fixed interest prevails where contractual default interest would turn insolvency proceedings into debt recovery.
    CIRP moratorium breaches require remittance of transferred debtor funds where public notice establishes deemed knowledge and no trust is proved.
    Pre-liquidation asset sales may continue in liquidation when properly adopted, while employee dues remain governed by the statutory waterfall.
    Personal guarantor insolvency limitation starts on guarantee invocation; unilateral settlement proposals cannot extend the guarantor's filing period.
    Interim moratorium exclusion applies to pending personal-guarantor insolvency applications, preventing its use to bar recovery suits.
    Section 7 admission requires established financial debt and default, not precise interest quantification, while post-suspension defaults remain action...
    Statutory appellate remedy against NCLT orders prevails, requiring challenges to revised resolution plans before the designated appellate forum.
    Regulatory fee on resolution plans validly forms part of insolvency resolution process costs and applies prospectively to pending plans.
    Depositor-protection proceedings prevail over corporate insolvency, while liquidators may recover chit receivables using copies of seized company reco...
    Financial creditor status fails where real estate allottees elect refund remedies instead of maintaining continuing allotment claims.
    Information utility default records supported insolvency admission despite objections to photocopied loan documents and an undisputed default date.
    Statutory appellate remedy for disciplinary committee orders generally requires parties to pursue appellate review before seeking writ relief.
    Committee of Creditors' commercial wisdom permits reconsideration and rejection of a resolution plan before adjudicatory approval.
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Acts Income Tax