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...
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Market fee/mandi shulk - Whether ghee is a product of livestock - The majority opinion of the Full Bench of the Andhra Pradesh High Court upheld the validity of the 1994 notification, stating that "ghee" is indeed a "product of livestock." The High Court concluded that the notification under challenge was issued under Section 4 of the Act and not under Section 3, hence the procedural requirements of Section 3 were not applicable. - Now the Supreme Court agreed with the High Court's decision, emphasizing that "ghee" is derived from milk, which is a product of livestock, and therefore falls under the definition of "products of livestock" as per the Act.
Market fee/mandi shulk - Whether ghee is a product of livestock - The majority opinion of the Full Bench of the Andhra Pradesh High Court upheld the validity of the 1994 notification, stating that "ghee" is indeed a "product of livestock." The High Court concluded that the notification under challenge was issued under Section 4 of the Act and not under Section 3, hence the procedural requirements of Section 3 were not applicable. - Now the Supreme Court agreed with the High Court's decision, emphasizing that "ghee" is derived from milk, which is a product of livestock, and therefore falls under the definition of "products of livestock" as per the Act.
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