Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Inter-agency information sharing under PMLA is permitted where the Director or authorised officer forms an opinion that another law has been contravened; the communication may properly be sent to the concerned agency for action. The text rejects the view that such disclosure is confined to PMLA offences or barred by FEMA powers, treating both statutes as cognate fields to be read together. It also states that, at the investigation stage, the court looks only for prima facie material: allegations of foreign-fund withdrawals linked to extremist activity were treated as sufficient to justify continued investigation, and the FIR was not to be quashed at the incipient stage.
Inter-agency information sharing under PMLA is permitted where the Director or authorised officer forms an opinion that another law has been contravened; the communication may properly be sent to the concerned agency for action. The text rejects the view that such disclosure is confined to PMLA offences or barred by FEMA powers, treating both statutes as cognate fields to be read together. It also states that, at the investigation stage, the court looks only for prima facie material: allegations of foreign-fund withdrawals linked to extremist activity were treated as sufficient to justify continued investigation, and the FIR was not to be quashed at the incipient stage.
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