<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>NCLT Rules Corporate Debtor&#039;s Discounts Not Undervalued; Claims Lack Supporting Evidence Beyond April 2018 Meeting Minutes.</title>
    <link>https://www.taxtmi.com/highlights?id=70998</link>
    <description>Undervalued Transactions - avoidable transactions or not - Debtor of the Coporate Debtors - Discounts given by the Corporate Debtor for the benefit of the Appellant in the ordinary course of business or otherwise - The Appellant has not produced any document apart from the minutes of meetings dated 03.04.2018 to show that he had raised issue about poor quality and other issues for claiming discount with the Corporate Debtor at the time of supply of the raw material - NCLT rightly rejected the claim - AT</description>
    <language>en-us</language>
    <pubDate>Thu, 20 Jul 2023 08:28:49 +0530</pubDate>
    <lastBuildDate>Thu, 20 Jul 2023 08:28:49 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=720034" rel="self" type="application/rss+xml"/>
    <item>
      <title>NCLT Rules Corporate Debtor&#039;s Discounts Not Undervalued; Claims Lack Supporting Evidence Beyond April 2018 Meeting Minutes.</title>
      <link>https://www.taxtmi.com/highlights?id=70998</link>
      <description>Undervalued Transactions - avoidable transactions or not - Debtor of the Coporate Debtors - Discounts given by the Corporate Debtor for the benefit of the Appellant in the ordinary course of business or otherwise - The Appellant has not produced any document apart from the minutes of meetings dated 03.04.2018 to show that he had raised issue about poor quality and other issues for claiming discount with the Corporate Debtor at the time of supply of the raw material - NCLT rightly rejected the claim - AT</description>
      <category>Highlights</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Thu, 20 Jul 2023 08:28:49 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=70998</guid>
    </item>
  </channel>
</rss>