Indirect corporate control can create related-party status, excluding financial creditors from Committee of Creditors representation, participation an...
Scientific research association approval requires continuing SIRO status, annual donation reporting, and donor certificates for the approved foundatio...
Scientific research institution approval is conditional on SIRO recognition, annual donation reporting, donor certification, and prescribed compliance...
The High Court allowed the compounding of the offence u/s 147 of the Act in a case involving the dishonour of a cheque. The petitioner-accused had already paid compensation to the complainant, meeting the requirements set by the court. Following guidelines from a Supreme Court case, the court accepted the application for compounding, quashed the judgments of conviction and sentence, and acquitted the accused of the offence u/s 138 of the Act. Application was allowed.
The High Court allowed the compounding of the offence u/s 147 of the Act in a case involving the dishonour of a cheque. The petitioner-accused had already paid compensation to the complainant, meeting the requirements set by the court. Following guidelines from a Supreme Court case, the court accepted the application for compounding, quashed the judgments of conviction and sentence, and acquitted the accused of the offence u/s 138 of the Act. Application was allowed.
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TaxTMI 
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