Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
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Grant of default bail under Section 167(2) Cr.P.C. - The Supreme Court allowed the appeal, setting aside the High Court's and Special Court's orders granting default bail to the accused in a case involving Dewan Housing Finance Corporation Ltd. (DHFL). The Court ruled that the respondents were not entitled to statutory default bail under Section 167(2) Cr.P.C., as the chargesheet was filed within the prescribed time and cognizance of the offense was taken by the Special Court. - SC
Grant of default bail under Section 167(2) Cr.P.C. - The Supreme Court allowed the appeal, setting aside the High Court's and Special Court's orders granting default bail to the accused in a case involving Dewan Housing Finance Corporation Ltd. (DHFL). The Court ruled that the respondents were not entitled to statutory default bail under Section 167(2) Cr.P.C., as the chargesheet was filed within the prescribed time and cognizance of the offense was taken by the Special Court. - SC
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