Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
Works contract classification governs composite layout-development contracts where VAT-paid goods are transferred alongside construction and infrastru...
Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
Provisional attachment order under Money Laundering Act challenged for being beyond 180 days. Court held that period from 15th March 2020 till 28th February 2022 must be excluded due to Covid-19 pandemic, as per Supreme Court's order. Provisional attachment order issued on 23rd December 2020 and confirmation order passed on 9th November 2021 falls within permissible period after excluding Covid-19 period. Regarding attachment of bank account receiving pension, Court directed to allow operation of account for receiving pension while maintaining attached amount and not permitting withdrawal without permission. Appeal partially allowed, allowing operation of pension account while maintaining attached amount.
Provisional attachment order under Money Laundering Act challenged for being beyond 180 days. Court held that period from 15th March 2020 till 28th February 2022 must be excluded due to Covid-19 pandemic, as per Supreme Court's order. Provisional attachment order issued on 23rd December 2020 and confirmation order passed on 9th November 2021 falls within permissible period after excluding Covid-19 period. Regarding attachment of bank account receiving pension, Court directed to allow operation of account for receiving pension while maintaining attached amount and not permitting withdrawal without permission. Appeal partially allowed, allowing operation of pension account while maintaining attached amount.
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