Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Section 96(4) of the Insolvency and Bankruptcy Code applies retroactively to pending insolvency applications involving personal guarantors to corporate debtors. The exclusion removes the pre-admission interim moratorium that could otherwise delay recovery proceedings; it affects pending transactions rather than completed transactions. The phrase "is filed" includes applications filed before the amendment's commencement but still pending thereafter. Consequently, the personal guarantor could not rely on an interim moratorium to bar the suit, and the request to reject the plaint on that basis was dismissed.
Section 96(4) of the Insolvency and Bankruptcy Code applies retroactively to pending insolvency applications involving personal guarantors to corporate debtors. The exclusion removes the pre-admission interim moratorium that could otherwise delay recovery proceedings; it affects pending transactions rather than completed transactions. The phrase "is filed" includes applications filed before the amendment's commencement but still pending thereafter. Consequently, the personal guarantor could not rely on an interim moratorium to bar the suit, and the request to reject the plaint on that basis was dismissed.
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