Section 47-A undervaluation threshold: fraudulent intent requirement faces reconsideration after referral to a larger Bench for authoritative resoluti...
RBI supersession powers over multi-State co-operative banks operate independently of the constitutional six-month ceiling and permit statutory extensi...
Vicarious liability for cheque dishonour requires specific allegations of responsibility and cheque signatory; generic director allegations cannot sus...
The 1994 Guidelines govern a Panel Valuer's fees for court-authorised inspection and valuation of immovable properties for sale. Prior sanction is required for payment above the prescribed ceiling, not before appointment; where distinct properties receive separate valuation reports, the ceiling ordinarily applies to each exercise. Full revised fees were sanctioned because the work was accepted without deficiencies. Delayed payment justified interest at 6% per annum, including until payment, but a further inflation-linked increase for the same period was rejected as overlapping compensation. Recovery must be claimed from available proceeding funds or before the competent Official Liquidator, not personally from the Court Receiver, government, associated individuals, or separate corporate entities without substantive legal basis and hearing.
The 1994 Guidelines govern a Panel Valuer's fees for court-authorised inspection and valuation of immovable properties for sale. Prior sanction is required for payment above the prescribed ceiling, not before appointment; where distinct properties receive separate valuation reports, the ceiling ordinarily applies to each exercise. Full revised fees were sanctioned because the work was accepted without deficiencies. Delayed payment justified interest at 6% per annum, including until payment, but a further inflation-linked increase for the same period was rejected as overlapping compensation. Recovery must be claimed from available proceeding funds or before the competent Official Liquidator, not personally from the Court Receiver, government, associated individuals, or separate corporate entities without substantive legal basis and hearing.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
