Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
Dishonour of Cheque - amicable settlement of disputes - The Court observed that since the financial disputes underlying the criminal complaints had been resolved amicably, continuing the prosecution would not serve any purpose. Noting that the respondent (complainant) confirmed full receipt of the disputed amount and had no objection to quashing the proceedings, the Court decided to quash the impugned judgments and criminal proceedings under Section 138 of the Negotiable Instruments Act.
Dishonour of Cheque - amicable settlement of disputes - The Court observed that since the financial disputes underlying the criminal complaints had been resolved amicably, continuing the prosecution would not serve any purpose. Noting that the respondent (complainant) confirmed full receipt of the disputed amount and had no objection to quashing the proceedings, the Court decided to quash the impugned judgments and criminal proceedings under Section 138 of the Negotiable Instruments Act.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
