Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
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The High Court ruled on the legality and validity of decisions taken by the Policy Relaxation Committee (PRC) regarding non-submission of the "Bill of Export" document. The court held that if the party can show proof of supply to the SEZ Unit, then non-submission of the "Bill of Export" cannot be treated as non-discharge of proof of Export Obligation (EO) of Advance Authorisation (AA) under the Foreign Trade Policy (FTP). The petitioner was granted two weeks to submit the required documents, which the respondents will examine and issue the EODC within four weeks if the documents are in order. If the respondents have any queries, they shall provide a personal hearing with at least three working days' notice. The petition was disposed of accordingly.
The High Court ruled on the legality and validity of decisions taken by the Policy Relaxation Committee (PRC) regarding non-submission of the "Bill of Export" document. The court held that if the party can show proof of supply to the SEZ Unit, then non-submission of the "Bill of Export" cannot be treated as non-discharge of proof of Export Obligation (EO) of Advance Authorisation (AA) under the Foreign Trade Policy (FTP). The petitioner was granted two weeks to submit the required documents, which the respondents will examine and issue the EODC within four weeks if the documents are in order. If the respondents have any queries, they shall provide a personal hearing with at least three working days' notice. The petition was disposed of accordingly.
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