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...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
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Rectification of mistake is confined to a manifest, self-evident...
Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving finality.
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Rectification of mistake is confined to a manifest, self-evident error apparent from the record and cannot require elaborate reasoning, reappreciation of evidence, or reconsideration of legal findings. Errors in reasoning or application of law must be addressed through the prescribed appellate process; applications labelled as clarification, modification, recall, or miscellaneous applications cannot operate as review mechanisms. Binding Supreme Court and jurisdictional High Court precedent must be followed, and a contrary coordinate-bench view does not justify a Larger Bench reference where it disregards binding authority. The text notes that the rectification request concerning confiscation, reverse burden, and penalties was rejected because it sought a merits rehearing rather than correction of an apparent error.
Rectification of mistake is confined to a manifest, self-evident error apparent from the record and cannot require elaborate reasoning, reappreciation of evidence, or reconsideration of legal findings. Errors in reasoning or application of law must be addressed through the prescribed appellate process; applications labelled as clarification, modification, recall, or miscellaneous applications cannot operate as review mechanisms. Binding Supreme Court and jurisdictional High Court precedent must be followed, and a contrary coordinate-bench view does not justify a Larger Bench reference where it disregards binding authority. The text notes that the rectification request concerning confiscation, reverse burden, and penalties was rejected because it sought a merits rehearing rather than correction of an apparent error.
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