Just a moment...

⚠✕
❮ Top
☎ Help
AI Drafter ✕

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

Try Now →
☰
×

By creating an account you can:

Logo TaxTMI
>
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS
PrevPreviousNextNext

2017 (11) TMI 1647

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Mr. Ravikumar Duraisamy, Member (Technical) Counsel Represent  : Sanjay Kumar Ruia, CA & Ranga Dao Doradia, CA ORDER 1. The Company Petition bearing No. CP (IB) SR No. 4322/9/HDB/2017 is filed by Shri Shrikrishna Rail Engineers Pvt. Ltd. against Madhucon Projects Limited U/s. 9 of the IBC, 2016, by seeking the following reliefs: a. To pass appropriate orders under section 9....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Limited. The IRP has filed Term Sheet for Professional Assignment dated 03.11.2017. While perusing the records, the Adjudicating Authority was alarmingly shocked/ surprised to notice that the Professional Fee quoted by the proposed IRP is Rs. 5 Crores till the First Committee of Creditors Meeting. Further it is noticed that fee for the subsequent months as IRP/RP on a per month basis is Rs. 1.75 ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....uneration for MD & CEO and two Whole Time sssss^ Directors works out to Rs. 1.10 crores per annum, whereas, the proposed IRP has quoted exorbitant amount as stated above. 5. In view of the above, the Adjudicating Authority is of the considered view that-the remuneration quoted by the IRP is quite exorbitant and the same needs to be referred to IBBI. Though there are no prescribed set of Rules a....

PrevPreviousNextNext