Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing dire...
CESTAT New Delhi overturned the revocation of a Customs Broker license, forfeiture of security deposit, and penalty imposition due to alleged involvement in fraudulent IGST refunds. The Tribunal held that the appellant had diligently verified client documents from official government websites, meeting obligations u/s Regulation 10(n) of CBLR, 2018. Relying on precedent (Mauli Worldwide Logistics), the Tribunal found no justification for license revocation as the appellant had no reason to doubt document genuineness. The decision emphasized the reliability of official government websites for verification. Consequently, the impugned order was set aside, and the appeal was allowed.
CESTAT New Delhi overturned the revocation of a Customs Broker license, forfeiture of security deposit, and penalty imposition due to alleged involvement in fraudulent IGST refunds. The Tribunal held that the appellant had diligently verified client documents from official government websites, meeting obligations u/s Regulation 10(n) of CBLR, 2018. Relying on precedent (Mauli Worldwide Logistics), the Tribunal found no justification for license revocation as the appellant had no reason to doubt document genuineness. The decision emphasized the reliability of official government websites for verification. Consequently, the impugned order was set aside, and the appeal was allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4821 
Join Channel 
