Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Acquiescence, homebuyer protection and clean-slate resolution principles prevent landowners from disrupting an integrated project through late termina...
Bona fide plot purchasers whose bookings and registered sale deeds pre-dated liquidation were entitled to release of their plots, because the transactions were verified as genuine, there was no material showing dominant intention to prefer creditors, and the RBI prohibition order did not invalidate completed third-party conveyances. The Court treated them as similarly placed with purchasers who had already obtained final relief, rejected objections based on alleged lack of authorisation, demarcation, bank records and later layout cancellation, and directed handover of the plots. The review petition by the ex-management side was dismissed, as the applicant had no independent locus standi and the attempt was a proxy effort to reopen final winding-up orders concerning verified investor claims.
Bona fide plot purchasers whose bookings and registered sale deeds pre-dated liquidation were entitled to release of their plots, because the transactions were verified as genuine, there was no material showing dominant intention to prefer creditors, and the RBI prohibition order did not invalidate completed third-party conveyances. The Court treated them as similarly placed with purchasers who had already obtained final relief, rejected objections based on alleged lack of authorisation, demarcation, bank records and later layout cancellation, and directed handover of the plots. The review petition by the ex-management side was dismissed, as the applicant had no independent locus standi and the attempt was a proxy effort to reopen final winding-up orders concerning verified investor claims.
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