https://www.taxtmi.com/caselaws?id=393235 A disputed takeover-liability question involving whether liabilities transferred with the textile undertaking could not be conclusively determined on writ materials alone, because the issue required factual examination of the extent of takeover, the status of the original company, secured assets, and possible guarantor liability. The adverse finding that the respondent had no liability was therefore set aside, and recovery was left to the competent forum for decision on evidence. The challenge to the Permanent Machinery of Arbitrators proceedings was not accepted, and the arbitral notice remained undisturbed. en-us Thu, 05 Mar 2020 00:00:00 +0530 Mon, 09 Mar 2020 08:42:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393235 A disputed takeover-liability question involving whether liabilities transferred with the textile undertaking could not be conclusively determined on writ materials alone, because the issue required factual examination of the extent of takeover, the status of the original company, secured assets, and possible guarantor liability. The adverse finding that the respondent had no liability was therefore set aside, and recovery was left to the competent forum for decision on evidence. The challenge to the Permanent Machinery of Arbitrators proceedings was not accepted, and the arbitral notice remained undisturbed. Case-Laws Money Laundering Thu, 05 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393235