Anti-profiteering obligations survive business demerger, complaint withdrawal, and customized supply arrangements where rate-reduction benefits are no...
Road restoration charges constitute taxable services when requested for commercial pipeline activity, requiring reverse-charge GST from the business r...
Interest on delayed release of requisitioned cash includes statutory pre-assessment interest and restitutionary compensation for unlawful post-assessm...
Incomplete inventory records justify rejecting accounts, while profit estimation requires relevant comparable material and interest falls under other ...
Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
Insolvency admission for operational debt requires only a summary assessment of whether a plausible, genuine dispute existed before the demand notice; it does not permit a trial of the defence. A returned consignment, contemporaneous WhatsApp communications and a timely demand-notice reply may establish a pre-existing quality dispute. Questions over contractual quality terms, delivery arrangements, laboratory evidence and communication authority require determination in appropriate proceedings rather than summary insolvency adjudication.
Insolvency admission for operational debt requires only a summary assessment of whether a plausible, genuine dispute existed before the demand notice; it does not permit a trial of the defence. A returned consignment, contemporaneous WhatsApp communications and a timely demand-notice reply may establish a pre-existing quality dispute. Questions over contractual quality terms, delivery arrangements, laboratory evidence and communication authority require determination in appropriate proceedings rather than summary insolvency adjudication.
Note: It is a system-generated summary and is for quick reference only.