If such capital expenditure was incurred as part of CSR in the past, the assets need to be transferred within six months. The recently notified CSR rules require companies to transfer any capital asset created or acquired by using CSR money to the beneficiaries of the project, charitable company or a public authority. If such Capital […]
Where an allottee of a commercial / residential property was assured of an annual return by the Builder and the Builder continued to pay the returns on or before the due dates, the application filed by the allottee under Section 7 of IBC as Financial Creditor to initiate CIRP against the Builder for failure to […]
Whether the time limit of 30 days which is further extendable by a further period 30 days for a District Collector to secure the possession of a secured asset is mandatory or directory? The challenge in the present appeal is to an order passed by the Division Bench of the Kerala High Court of 19.7.2019, […]
