Customs Valuation Rule Sequence must be followed; single-comparator re-determination and penalties set aside without comparability or proof of mis-dec...
Separately Identifiable Services: transportation found to be the essential character, so Cargo Handling classification and extended limitation rejecte...
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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