Person chargeable with duty must be the importer at importation; subsequent purchasers cannot be held liable where beneficial owner rules did not appl...
Prohibited importation of cosmetics without prior regulatory registration attracts seizure and confiscation; warehousing or re export claims do not cu...
Provisional release on security permitted where cash deposit plus bond secures differential duty; classification and treaty benefits referred for deci...
A shareholder could not maintain a challenge to a concluded liquidation sale, and his separate status as personal guarantor had lost significance after a bankruptcy order. The objections to the e-auction also failed on merits: allegations of fraud and collusion were unsubstantiated, the auction notices were published in newspapers of wide circulation, and non-registration of the sale certificate was no bar because intimation to the Sub-Registrar was sufficient. Once the auction was confirmed, full consideration was paid, and the sale certificate issued, the liquidation sale stood closed and could not be reopened on unsupported objections.
A shareholder could not maintain a challenge to a concluded liquidation sale, and his separate status as personal guarantor had lost significance after a bankruptcy order. The objections to the e-auction also failed on merits: allegations of fraud and collusion were unsubstantiated, the auction notices were published in newspapers of wide circulation, and non-registration of the sale certificate was no bar because intimation to the Sub-Registrar was sufficient. Once the auction was confirmed, full consideration was paid, and the sale certificate issued, the liquidation sale stood closed and could not be reopened on unsupported objections.
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