Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Foundational loan documents seriously disputed as forged or fabricated can take a Section 7 insolvency petition beyond summary admission, especially where multiple versions of the facility agreement, inconsistent dates and signatures, and board resolutions not matching company records create a genuine fraud inquiry. The tribunal treated the alleged disbursal into an unauthorised account as relevant to whether a binding financial debt and default were established, and held that the doctrine of indoor management was unavailable where the transaction circumstances showed suspicion of irregularity. On that basis, dismissal of the petition was upheld.
Foundational loan documents seriously disputed as forged or fabricated can take a Section 7 insolvency petition beyond summary admission, especially where multiple versions of the facility agreement, inconsistent dates and signatures, and board resolutions not matching company records create a genuine fraud inquiry. The tribunal treated the alleged disbursal into an unauthorised account as relevant to whether a binding financial debt and default were established, and held that the doctrine of indoor management was unavailable where the transaction circumstances showed suspicion of irregularity. On that basis, dismissal of the petition was upheld.
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