Search Results for "rectifiable defect"

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Supreme Court Dismisses Appeal Against High Court's Revival of Lease in Minor Minerals Auction. High Court's finding that solvency certificate defect was bona fide and rectifiable, and Collector lacked jurisdiction under Orissa Minor Minerals Concession Rules, 2016, upheld.

The dispute arose from an auction for a sand sairat lease under the Orissa Minor Minerals Concession Rules, 2016. The original writ petitioner, respon...

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Bombay High Court Upholds Constitutional Validity of MVAT Provisions on Input Tax Credit Reversal for Capital Goods Sold as Scrap. Section 48(5) of MVAT Act, 2002 and Rule 58A of MVAT Rules, 2005 held intra vires the Constitution and not ultra vires the parent Act.

The judgment concerns a batch of writ petitions filed by various companies challenging the constitutional validity of Section 48(5) of the Maharashtra...

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NCLAT Dismisses Appeal of Operational Creditor in Insolvency Case Due to Defective Demand Notice and Limitation Bar. Section 9 Application Under I&B Code Fails as Date of Default is Later Than Demand Notice and Invoices are Time-Barred.

The Appellant, M/s. Metals and Metal Electric Private Limited, an operational creditor, filed an application under Section 9 of the Insolvency and Ban...