Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Discontinuation of bank guarantee permitted due to prolonged litigation without resolution, causing prejudice to appellant deprived of substantial amount subject to guarantee for over two decades. Impugned order set aside, appellant allowed to discontinue guarantee upon filing undertaking affidavit within two weeks, enabling refund of guarantee amount. Appeal allowed.
Discontinuation of bank guarantee permitted due to prolonged litigation without resolution, causing prejudice to appellant deprived of substantial amount subject to guarantee for over two decades. Impugned order set aside, appellant allowed to discontinue guarantee upon filing undertaking affidavit within two weeks, enabling refund of guarantee amount. Appeal allowed.
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