Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Section 430 bars civil court jurisdiction where the relief sought falls within matters the Tribunal is empowered to decide. Reading the oppression and mismanagement provisions together, the court held that the NCLT can regulate company affairs on an interim basis and grant incidental equitable relief, including injunctions, when the complained-of acts concern company accounts, records or evidence. Allegations framed as unauthorised access, alteration of records or tampering did not take the dispute outside the Tribunal's remit because they were integral to the oppression and mismanagement controversy. The civil suit sought no independent relief beyond that dispute, so the civil court lacked jurisdiction and the trial court's refusal of interim relief was restored.
Section 430 bars civil court jurisdiction where the relief sought falls within matters the Tribunal is empowered to decide. Reading the oppression and mismanagement provisions together, the court held that the NCLT can regulate company affairs on an interim basis and grant incidental equitable relief, including injunctions, when the complained-of acts concern company accounts, records or evidence. Allegations framed as unauthorised access, alteration of records or tampering did not take the dispute outside the Tribunal's remit because they were integral to the oppression and mismanagement controversy. The civil suit sought no independent relief beyond that dispute, so the civil court lacked jurisdiction and the trial court's refusal of interim relief was restored.
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