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...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
In the matter under review, the High Court dismissed the review petitions filed by the parties. The Court held that no grounds were established for seeking a review of the order directing the refund of interest amount. The Court observed that the insufficient time to check calculations during the initial proceedings cannot be a ground for review. Regarding a letter from January 2014, which the Review Petitioner admitted was not brought to the Court's notice earlier, the Court stated that while it can be relied upon in the enquiry to fix responsibility for non-renewal of FD, it does not warrant a review of the Court's order. Consequently, both review petitions were dismissed by the High Court.
In the matter under review, the High Court dismissed the review petitions filed by the parties. The Court held that no grounds were established for seeking a review of the order directing the refund of interest amount. The Court observed that the insufficient time to check calculations during the initial proceedings cannot be a ground for review. Regarding a letter from January 2014, which the Review Petitioner admitted was not brought to the Court's notice earlier, the Court stated that while it can be relied upon in the enquiry to fix responsibility for non-renewal of FD, it does not warrant a review of the Court's order. Consequently, both review petitions were dismissed by the High Court.
Note: It is a system-generated summary and is for quick reference only.