The case involves M/s. Sun Control Systems (Partnership Firm) as the petitioner and M/s. Aarcity Infrastructure Pvt. Ltd. as the respondent. The matter pertains to Section 9 of the IB Code, 2016. The issue regarding the payment of GST was raised.
M/s. Sun Control Systems (Partnership Firm) initiated a case against M/s. Aarcity Infrastructure Pvt. Ltd. under Section 9 of the IB Code, 2016. During the proceedings, a dispute arose regarding the payment of Goods and Services Tax (GST) to the Resolution Professional. The tribunal noted that GST was already being paid at the time of meeting expenses. The Resolution Professional was directed to accept a total sum of Rs. 6,00,000/-, inclusive of GST, as the appropriate and proper amount.
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The case involves M/s. Sun Control Systems (Partnership Firm) as the petitioner and M/s. Aarcity Infrastructure Pvt. Ltd. as the respondent. The matter pertains to Section 9 of the IB Code, 2016. The issue regarding the payment of GST was raised.
M/s. Sun Control Systems (Partnership Firm) initiated a case against M/s. Aarcity Infrastructure Pvt. Ltd. under Section 9 of the IB Code, 2016. During the proceedings, a dispute arose regarding the payment of Goods and Services Tax (GST) to the Resolution Professional. The tribunal noted that GST was already being paid at the time of meeting expenses. The Resolution Professional was directed to accept a total sum of Rs. 6,00,000/-, inclusive of GST, as the appropriate and proper amount.
Order delivered on…
The matter is listed along with all the IAs…
Sign in to view related legal provisions.