Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
HC held that Arbitral Tribunals have discretion to recall orders and condone delays upon showing "sufficient cause." Judicial interference in arbitral proceedings should be minimal, and the HC found no reason to interfere with the Tribunal's order condoning delay in filing Statement of Defence, as exercise of such discretion did not demonstrate perversity or bad faith. Petition dismissed.
HC held that Arbitral Tribunals have discretion to recall orders and condone delays upon showing "sufficient cause." Judicial interference in arbitral proceedings should be minimal, and the HC found no reason to interfere with the Tribunal's order condoning delay in filing Statement of Defence, as exercise of such discretion did not demonstrate perversity or bad faith. Petition dismissed.
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