Adjustment of seized assets to satisfy liabilities from Settlement Commission applications now expressly permitted by amendment. The amendment provides that seized or requisitioned assets may be adjusted against liabilities arising from an application made to the Settlement Commission, by substituting the provision's concluding wording to include such settlement-related liabilities alongside existing and assessment liabilities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Adjustment of seized assets to satisfy liabilities from Settlement Commission applications now expressly permitted by amendment.
The amendment provides that seized or requisitioned assets may be adjusted against liabilities arising from an application made to the Settlement Commission, by substituting the provision's concluding wording to include such settlement-related liabilities alongside existing and assessment liabilities.
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