Penalty under Section 112 fails where knowledge, admissible statements, and incriminating evidence are not proved against the Customs Broker's directo...
Insolvency and BankruptcyApril 17, 2019Case LawsAT
Pre-admission proceedings - The limited enquiry has been converted into a full dressed trial - Corporate Insolvency Resolution Process is not a recovery proceeding and the Adjudicating Authority has to strictly adhere to the rules of procedure and the timelines set out in the I&B Code - efforts to derail the process should be frustrated
Pre-admission proceedings - The limited enquiry has been converted into a full dressed trial - Corporate Insolvency Resolution Process is not a recovery proceeding and the Adjudicating Authority has to strictly adhere to the rules of procedure and the timelines set out in the I&B Code - efforts to derail the process should be frustrated
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