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...
Revocation of customs broker license and forfeiture of security deposit due to diversion of goods, breach of Customs Act, 1962, and Customs Broker Licencing Regulations, 2018. Failure to adhere to regulations on client authorizations, compliance advice, due diligence, speed, and verifications. Licensing authority's presumption of obligations for revocation questioned. Customs brokers' role as facilitators between customs and clients emphasized. Need for proper inquiry into breaches before revocation. Flawed proceedings and outcome lead to remand for fresh decisions. CESTAT allows appeal for remand.
Revocation of customs broker license and forfeiture of security deposit due to diversion of goods, breach of Customs Act, 1962, and Customs Broker Licencing Regulations, 2018. Failure to adhere to regulations on client authorizations, compliance advice, due diligence, speed, and verifications. Licensing authority's presumption of obligations for revocation questioned. Customs brokers' role as facilitators between customs and clients emphasized. Need for proper inquiry into breaches before revocation. Flawed proceedings and outcome lead to remand for fresh decisions. CESTAT allows appeal for remand.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
