Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Advance-ruling mechanism governs pending GST classification, exemption and taxability disputes, limiting writ review once the specialised forum functi...
Wrongful retention of seized Kisan Vikas Patras and Indira Vikas Patras after deposit of the settlement amount justified compensatory interest for loss of opportunity cost, but only from the date the settlement amount was paid until actual release. Because the Settlement Commission's direction to release the instruments after deposit had attained finality, no interest was payable for any earlier period. The amount awarded was treated as restitution for unjustified deprivation, not statutory refund interest, and the Court also allowed further simple interest at 4% per annum on that compensatory amount until payment.
Wrongful retention of seized Kisan Vikas Patras and Indira Vikas Patras after deposit of the settlement amount justified compensatory interest for loss of opportunity cost, but only from the date the settlement amount was paid until actual release. Because the Settlement Commission's direction to release the instruments after deposit had attained finality, no interest was payable for any earlier period. The amount awarded was treated as restitution for unjustified deprivation, not statutory refund interest, and the Court also allowed further simple interest at 4% per annum on that compensatory amount until payment.
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