Appraisal report endorsement requirement limited to major industrial searches; preliminary reporting period extended to seven days. Appraisal reports from searches are to be endorsed to the Board only in cases involving Large Industrial Houses or where asset seizure exceeds the specified monetary threshold; other references requiring Board transmission are withdrawn. The time for sending the preliminary appraisal report in those cases is extended from three days to seven days after completion of the search, and earlier instructions and manual provisions inconsistent with this change are modified.
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.
Appraisal report endorsement requirement limited to major industrial searches; preliminary reporting period extended to seven days.
Appraisal reports from searches are to be endorsed to the Board only in cases involving Large Industrial Houses or where asset seizure exceeds the specified monetary threshold; other references requiring Board transmission are withdrawn. The time for sending the preliminary appraisal report in those cases is extended from three days to seven days after completion of the search, and earlier instructions and manual provisions inconsistent with this change are modified.
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