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...
The Delhi High Court issued a Restraint Order on a locker, which the bank objected to due to lack of the official Revocation Order from the Income Tax Department. The Court noted that the Revocation Order dated 17th October, 2012 was served on the bank manager, confirming its authenticity. As the Restraint Order on the locker was revoked by the Income Tax Department, the petitioners are directed to be granted access to their locker. The bank must remove the Restraint Order and allow the petitioners to access their lawful assets.
The Delhi High Court issued a Restraint Order on a locker, which the bank objected to due to lack of the official Revocation Order from the Income Tax Department. The Court noted that the Revocation Order dated 17th October, 2012 was served on the bank manager, confirming its authenticity. As the Restraint Order on the locker was revoked by the Income Tax Department, the petitioners are directed to be granted access to their locker. The bank must remove the Restraint Order and allow the petitioners to access their lawful assets.
Note: It is a system-generated summary and is for quick reference only.