Permanent establishment tests: independent subsidiary premises and principal-to-principal dealings did not create Indian taxability for offshore suppl...
Valuation Officer estimates govern property-value additions once statutory valuation is invoked, requiring fresh consideration of objections and compa...
Waiver of written show-cause notice may prevent a later procedural challenge after participation in customs adjudication, preserving statutory appella...
Retrospective invalidity of ocean-freight IGST supports refunds despite non-party status and prior credit utilisation, subject to authorised appeal gr...
Additional evidence in departmental appeals may include show-cause-notice material without introducing a new case where it merely corroborates existin...
Reasoned rectification orders require consideration of expenditure disclosed in income-tax returns, preventing revision based on incomplete income com...
Modified returns after business reorganisations cannot trigger fresh scrutiny once the original assessment was complete, invalidating related transfer...
Page of 4915
Press 'Enter' after typing page number.
501 to 520 of 98300 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Resolution-plan modification after a challenge mechanism may...
Challenge-mechanism compliance clarifications permitted, while unilateral revised resolution plans may be refused under creditors' commercial discretion.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Resolution-plan modification after a challenge mechanism may address statutory compliance through clarifications authorised by the RFRP, where material queries are circulated to all applicants; unilateral revised bids may be declined under the CoC's commercial discretion. The applicable framework permits the Resolution Professional to place non-compliant plans before the CoC, provided compliance is achieved before approval. CoC-accepted statutory valuations are not reopened without material disparity or glaring illegality. A suspended director who is also a personal guarantor and unsuccessful applicant may challenge plan approval. Where the RFRP states that a special purpose company "may" be incorporated, it is optional; the successful consortium must retain over 50% shareholding until plan implementation. The approved plan remained undisturbed.
Resolution-plan modification after a challenge mechanism may address statutory compliance through clarifications authorised by the RFRP, where material queries are circulated to all applicants; unilateral revised bids may be declined under the CoC's commercial discretion. The applicable framework permits the Resolution Professional to place non-compliant plans before the CoC, provided compliance is achieved before approval. CoC-accepted statutory valuations are not reopened without material disparity or glaring illegality. A suspended director who is also a personal guarantor and unsuccessful applicant may challenge plan approval. Where the RFRP states that a special purpose company "may" be incorporated, it is optional; the successful consortium must retain over 50% shareholding until plan implementation. The approved plan remained undisturbed.
Note: It is a system-generated summary and is for quick reference only.