Separate speaking orders on reopening objections are mandatory; deciding them within reassessment invalidates jurisdiction and precludes revival of st...
Compulsorily convertible debentures remain debt before conversion, preventing transfer-pricing and interest-deduction disallowances on the stated fact...
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Interim status quo orders are discretionary protective measures intended to preserve the subject matter pending adjudication. Parties ordinarily should seek vacation or modification before the forum that granted such an order before pursuing appellate interference. In winding-up proceedings, disputed share transfers and the absence of prima facie evidence of active business operations supported preservation of the company's affairs. The status quo direction and arrangements safeguarding company funds continued pending expedited determination of the company petition, and appellate relief was refused.
Interim status quo orders are discretionary protective measures intended to preserve the subject matter pending adjudication. Parties ordinarily should seek vacation or modification before the forum that granted such an order before pursuing appellate interference. In winding-up proceedings, disputed share transfers and the absence of prima facie evidence of active business operations supported preservation of the company's affairs. The status quo direction and arrangements safeguarding company funds continued pending expedited determination of the company petition, and appellate relief was refused.
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