Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
NCLAT held that tribunal orders under Section 241 & 242 of Companies Act are enforceable as decrees under Section 424(3), but do not constitute formal decrees under CPC. The Adjudicating Authority correctly rejected applications seeking decree formulation, recognizing that tribunal orders have inherent power to modulate relief to meet justice without adopting rigid procedural formalities. The tribunal's order remains executable as a decree, but cannot be technically drawn as a traditional civil court decree. The appeal was disposed of, affirming the tribunal's discretionary power to determine appropriate relief mechanisms while maintaining the substantive intent of the original adjudication.
NCLAT held that tribunal orders under Section 241 & 242 of Companies Act are enforceable as decrees under Section 424(3), but do not constitute formal decrees under CPC. The Adjudicating Authority correctly rejected applications seeking decree formulation, recognizing that tribunal orders have inherent power to modulate relief to meet justice without adopting rigid procedural formalities. The tribunal's order remains executable as a decree, but cannot be technically drawn as a traditional civil court decree. The appeal was disposed of, affirming the tribunal's discretionary power to determine appropriate relief mechanisms while maintaining the substantive intent of the original adjudication.
Note: It is a system-generated summary and is for quick reference only.