Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
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The legality and validity of the termination of arbitral proceedings u/s 32(2)(c) of the Arbitration and Conciliation Act, 1996 - The Supreme Court found no evidence of Sheil's abandonment of the claim. Regular participation in Marico's proceedings and absence of simultaneous scheduling were noted. - The Tribunal's duty to schedule hearings and manage proceedings was highlighted, and the mere absence of a party from a hearing does not imply abandonment or justify termination of proceedings. - The Supreme Court upheld the High Court's decision, reinstating the arbitration proceedings and emphasizing the need for an active role by the Arbitral Tribunal in managing the process.
The legality and validity of the termination of arbitral proceedings u/s 32(2)(c) of the Arbitration and Conciliation Act, 1996 - The Supreme Court found no evidence of Sheil's abandonment of the claim. Regular participation in Marico's proceedings and absence of simultaneous scheduling were noted. - The Tribunal's duty to schedule hearings and manage proceedings was highlighted, and the mere absence of a party from a hearing does not imply abandonment or justify termination of proceedings. - The Supreme Court upheld the High Court's decision, reinstating the arbitration proceedings and emphasizing the need for an active role by the Arbitral Tribunal in managing the process.
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