Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Depreciation on vehicles under operating leases is discussed in relation to ownership where registration certificates stand in customers' names. Master Lease Agreements may establish the lessor's ownership and customers' limited right of use; registration and lessee use do not, by themselves, displace depreciation eligibility. The text also addresses an undecided ground concerning deferred maintenance charges, noting that where a specifically raised ground has not been determined, it requires limited fresh consideration. It describes depreciation questions as not raising a substantial question of law and the maintenance-charge issue as remanded for determination.
Depreciation on vehicles under operating leases is discussed in relation to ownership where registration certificates stand in customers' names. Master Lease Agreements may establish the lessor's ownership and customers' limited right of use; registration and lessee use do not, by themselves, displace depreciation eligibility. The text also addresses an undecided ground concerning deferred maintenance charges, noting that where a specifically raised ground has not been determined, it requires limited fresh consideration. It describes depreciation questions as not raising a substantial question of law and the maintenance-charge issue as remanded for determination.
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