Asset disclosure obligations require prior intimation, reporting of high-value transactions, and Board review for potential conflicts of interest. Employees must give prior intimation before acquiring or disposing of immovable property and must report movable property transactions exceeding the prescribed threshold within the prescribed period; prior Board approval is required if such transactions are with persons having official dealings. The Board may require a full statement of movable and immovable property held or acquired by the employee or family members and the source of acquisition.
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.
Asset disclosure obligations require prior intimation, reporting of high-value transactions, and Board review for potential conflicts of interest.
Employees must give prior intimation before acquiring or disposing of immovable property and must report movable property transactions exceeding the prescribed threshold within the prescribed period; prior Board approval is required if such transactions are with persons having official dealings. The Board may require a full statement of movable and immovable property held or acquired by the employee or family members and the source of acquisition.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
