Transaction value and connected person treatment in excise valuation: proprietary concerns not inter connected undertakings, relief on valuation and c...
Appointment of Registrars as adjudicating officers under Companies Act reallocates territorial jurisdiction and sets appeal route to Regional Director...
Composite supply of drilling services and site specific chemicals characterised as composite supply; prior advance rulings set aside, tax rate left op...
Cross country pipeline classification and ITC entitlement: pipelines outside factory treated as immovable, ITC disallowed under Section 17 restriction...
Regular bail under the PMLA was granted where Section 45's twin conditions had to be read with Article 21. The Court noted that investigation against the applicant was complete, the prosecution complaint had been filed, cognizance taken, and the matter remained at the stage of scrutiny and supply of documents. As the predicate FIR was old, no chargesheet had been filed in that offence, and there was no realistic prospect of the trial beginning or ending within a reasonable time, continued custody was held unjustified. The documentary nature of the material already collected also supported bail, which was made subject to conditions.
Regular bail under the PMLA was granted where Section 45's twin conditions had to be read with Article 21. The Court noted that investigation against the applicant was complete, the prosecution complaint had been filed, cognizance taken, and the matter remained at the stage of scrutiny and supply of documents. As the predicate FIR was old, no chargesheet had been filed in that offence, and there was no realistic prospect of the trial beginning or ending within a reasonable time, continued custody was held unjustified. The documentary nature of the material already collected also supported bail, which was made subject to conditions.
Note: It is a system-generated summary and is for quick reference only.