Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
Validity of Resolution Plan - upfront payment suggested by the ‘Resolution Applicant’ being less than average of the liquidation value to the ‘Financial/Operational Creditors’ - It is open to the ‘COC’ to negotiate and ask the ‘Resolution Applicant’ to revise its plan, if it does not confront with the ‘I&B Code’ - directed to match liquidation value or ‘Resolution Plan’ will be treated to be set aside
Validity of Resolution Plan - upfront payment suggested by the ‘Resolution Applicant’ being less than average of the liquidation value to the ‘Financial/Operational Creditors’ - It is open to the ‘COC’ to negotiate and ask the ‘Resolution Applicant’ to revise its plan, if it does not confront with the ‘I&B Code’ - directed to match liquidation value or ‘Resolution Plan’ will be treated to be set aside
Note: It is a system-generated summary and is for quick reference only.
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