Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Absolute Confiscation of gold recovered during the course of search - imposition of penalties - The tribunal concluded that the customs authorities failed to establish a reasonable belief that the gold was smuggled, as required by law. It determined that the initial seizure and the punitive measures were not supported by the necessary legal standards or evidence. Therefore, the tribunal set aside the order for confiscation and penalties, allowing the appeals and granting relief to the appellants.
Absolute Confiscation of gold recovered during the course of search - imposition of penalties - The tribunal concluded that the customs authorities failed to establish a reasonable belief that the gold was smuggled, as required by law. It determined that the initial seizure and the punitive measures were not supported by the necessary legal standards or evidence. Therefore, the tribunal set aside the order for confiscation and penalties, allowing the appeals and granting relief to the appellants.
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