PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Siphoning of funds - collection of money from the public issue by publishing prospects in the year 1994 by the directors and promoters of the Company - petitioner was professional director - the petitioner being professional director is not involved into day today affairs of the company and there is no material on record to even suggest that the petitioner availed any benefit in capacity of professional director of the company. - considering the bare averments made in the complaint, the same deserves to be quashed and set aside qua the petitioner - HC
Siphoning of funds - collection of money from the public issue by publishing prospects in the year 1994 by the directors and promoters of the Company - petitioner was professional director - the petitioner being professional director is not involved into day today affairs of the company and there is no material on record to even suggest that the petitioner availed any benefit in capacity of professional director of the company. - considering the bare averments made in the complaint, the same deserves to be quashed and set aside qua the petitioner - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
