Torrent
Gujarat Byotech Ltd. in favour of M/s. Focus Corporate Restructuring Pvt. Ltd. For
this, Revenue has raised the following ground ... Torrent Gujarat Byotech Ltd. in favour of M/s. Focus
Corporate Restructuring Pvt. Ltd."
18. The brief facts leading to the above issue
discussed below:
(1) External Restructuring
(a) Asset-based (portfolio) restructuring
(b) Financial or capital restructuring
(2) Internal Restructuring
(a! Portfolio restructuring (Cost reduction through closure ... financial or
ownership structure are known as corporate re-
structuring. While there are many forms or corporate
restructuring, mergers, acquisitions and takeovers,
financial restructuring
leasing, merchant banking, purchase and sale of
foreign currency, asset management, corporate restructuring, issue of pay-
orders, cheques, letter of credits, drafts, over draft facility ... research and advice,
advice on mergers and acquisitions and advice on corporate restructuring and
strategy particularly covered under Clause (vi) of Section 65(12) . Appellant
assets of the Corporate Debtor due
to issues with the projects of the Corporate Debtor itself, (iv) the terms of
Restructuring as well ... assets of the Corporate
Debtor due to issues with the projects of the Corporate Debtor itself,
o the terms of Restructuring as well
requested
Corporate Debtor to restore the interest reserve.
On 16.03.2022, the Corporate Debtor sent an e-mail to ECLF of
Edelweiss group regarding restructuring proposal ... that the restructuring
proposal and moratorium had been agreed upon. The Appellant had complete
knowledge of the restructuring proposal agreed between the Corporate Debtor
requested
Corporate Debtor to restore the interest reserve.
On 16.03.2022, the Corporate Debtor sent an e-mail to ECLF of
Edelweiss group regarding restructuring proposal ... that the restructuring
proposal and moratorium had been agreed upon. The Appellant had complete
knowledge of the restructuring proposal agreed between the Corporate Debtor
requested
Corporate Debtor to restore the interest reserve.
On 16.03.2022, the Corporate Debtor sent an e-mail to ECLF of
Edelweiss group regarding restructuring proposal ... that the restructuring
proposal and moratorium had been agreed upon. The Appellant had complete
knowledge of the restructuring proposal agreed between the Corporate Debtor
former twofold
reasons, it was mentioned that, owning to corporate
restructure pursuant to merger of then CB with UBI,
the taxation department was centralised ... assessee
branch manager to the corporate centralised tax
department and (b) appellant's preoccupied with
large scale corporate restructuring/merger. As found
and noted
former twofold
reasons, it was mentioned that, owning to corporate
restructure pursuant to merger of then CB with UBI,
the taxation department was centralised ... assessee
branch manager to the corporate centralised tax
department and (b) appellant's preoccupied with
large scale corporate restructuring/merger. As found
and noted
former twofold
reasons, it was mentioned that, owning to corporate
restructure pursuant to merger of then CB with UBI,
the taxation department was centralised ... assessee
branch manager to the corporate centralised tax
department and (b) appellant's preoccupied with
large scale corporate restructuring/merger. As found
and noted
