Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Page of 4830
Press 'Enter' after typing page number.
161 to 180 of 96587 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC observed that liquidation of the CSL is not in investors' interest as substantial amounts were invested in residential/commercial projects. Considering revival of CSL to complete pending projects, the HC held applicants made bona fide efforts to safeguard investors' interests, reflecting intent to rectify consequences rather than perpetuating fraud. The HC found reasonable grounds to believe applicants might not be guilty and are unlikely to commit offence on bail to revive CSL and complete projects, satisfying twin conditions u/s 212(6) of Companies Act. Directing surrender before adjudicating bail would hinder efforts to resolve investors' grievances. The HC allowed regular bail to applicants subject to conditions.
The HC observed that liquidation of the CSL is not in investors' interest as substantial amounts were invested in residential/commercial projects. Considering revival of CSL to complete pending projects, the HC held applicants made bona fide efforts to safeguard investors' interests, reflecting intent to rectify consequences rather than perpetuating fraud. The HC found reasonable grounds to believe applicants might not be guilty and are unlikely to commit offence on bail to revive CSL and complete projects, satisfying twin conditions u/s 212(6) of Companies Act. Directing surrender before adjudicating bail would hinder efforts to resolve investors' grievances. The HC allowed regular bail to applicants subject to conditions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4830 
Join Channel 
