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 AT adjudicated a complex financial dispute involving money laundering and secured creditor rights. The tribunal held that while PMLA is a special act with precedence, the secured creditor (AARC) can stake claim before the PMLA Special Judge for property auction. The creditor must submit an undertaking to deposit any excess auction proceeds with ED via fixed deposit receipts. The court mandated inviting objections from interested parties and directed that final disposition of funds shall occur post-trial conclusion, effectively balancing investigative interests with creditor rights under SARFAESI and PMLA provisions.
The AT adjudicated a complex financial dispute involving money laundering and secured creditor rights. The tribunal held that while PMLA is a special act with precedence, the secured creditor (AARC) can stake claim before the PMLA Special Judge for property auction. The creditor must submit an undertaking to deposit any excess auction proceeds with ED via fixed deposit receipts. The court mandated inviting objections from interested parties and directed that final disposition of funds shall occur post-trial conclusion, effectively balancing investigative interests with creditor rights under SARFAESI and PMLA provisions.
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