Toy balloon tariff classification: functional heading prevails over residual rubber and festive article headings, supporting penalties for deliberate ...
Customs valuation using comparable contemporaneous imports can displace declared value, while missing speaking orders require pursuit before competent...
Foreign customs declarations and importer admissions established undervaluation, supporting sequential value redetermination, differential duty, and m...
Customs seizure safeguards prevent detention-based limitation avoidance and invalidate provisional release conditions for imported vehicles under an i...
Page of 4828
Press 'Enter' after typing page number.
361 to 380 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
SC held SEBI's subsequent disgorgement order dated 28.09.2018 was legally unsustainable. The regulatory body cannot pass multiple final orders on the same cause of action after its initial order dated 31.07.2014 under Section 11B. The court critically noted SEBI's procedural delays and lack of expeditious action, emphasizing that reopening proceedings without just cause undermines regulatory integrity. The tribunal's directions for investor compensation were deemed improper, as the earlier order had already attained finality. While acknowledging the fraudulent acts by the corporate entities, the court rejected the tribunal's cost awards as unjustified, effectively nullifying SEBI's post-2014 regulatory actions against the involved parties.
SC held SEBI's subsequent disgorgement order dated 28.09.2018 was legally unsustainable. The regulatory body cannot pass multiple final orders on the same cause of action after its initial order dated 31.07.2014 under Section 11B. The court critically noted SEBI's procedural delays and lack of expeditious action, emphasizing that reopening proceedings without just cause undermines regulatory integrity. The tribunal's directions for investor compensation were deemed improper, as the earlier order had already attained finality. While acknowledging the fraudulent acts by the corporate entities, the court rejected the tribunal's cost awards as unjustified, effectively nullifying SEBI's post-2014 regulatory actions against the involved parties.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
