Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
The HC quashed the order blacklisting the petitioner company for 3 years and debarring it from participating in future tenders by the Government of Tripura. Approving the resolution plan under the I&B Code aims to revive the corporate debtor as a going concern with a clean slate. Blacklisting post-resolution would defeat this objective and be disproportionate after forfeiture of the performance bank guarantee. The plea against blacklisting was not entertained by the Arbitral Tribunal. Denying judicial review would amount to denying a legal remedy. The order of blacklisting was quashed to uphold the I&B Code's aim of corporate revival.
The HC quashed the order blacklisting the petitioner company for 3 years and debarring it from participating in future tenders by the Government of Tripura. Approving the resolution plan under the I&B Code aims to revive the corporate debtor as a going concern with a clean slate. Blacklisting post-resolution would defeat this objective and be disproportionate after forfeiture of the performance bank guarantee. The plea against blacklisting was not entertained by the Arbitral Tribunal. Denying judicial review would amount to denying a legal remedy. The order of blacklisting was quashed to uphold the I&B Code's aim of corporate revival.
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