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...
Money Laundering - Scheduled offences - whether the Non-Bailable Warrants (NBW) issued against the petitioner are liable to be quashed? - The High Court affirmed the trial court's decision to issue NBWs against the petitioner, citing repeated non-compliance with court summons and a deliberate avoidance of legal proceedings. The Court underscored that the issuance of NBWs was a measured response to ensure the petitioner's court appearance, given the lack of cooperation and evasion from the judicial process. - The judgment reaffirms the principle that while courts must safeguard personal liberty, they must also ensure that such liberty does not undermine the legal process or obstruct justice.
Money Laundering - Scheduled offences - whether the Non-Bailable Warrants (NBW) issued against the petitioner are liable to be quashed? - The High Court affirmed the trial court's decision to issue NBWs against the petitioner, citing repeated non-compliance with court summons and a deliberate avoidance of legal proceedings. The Court underscored that the issuance of NBWs was a measured response to ensure the petitioner's court appearance, given the lack of cooperation and evasion from the judicial process. - The judgment reaffirms the principle that while courts must safeguard personal liberty, they must also ensure that such liberty does not undermine the legal process or obstruct justice.
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