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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...
AT disposed of appeals regarding provisional attachment order under money laundering proceedings where appellant challenged quantification of proceeds of crime beyond specified offence period of May 2009 to August 2010. The tribunal declined to adjudicate on contentious issue of whether proceeds should be calculated based on excess production profits or environmental restoration costs, noting absence of judicial precedent or statutory provision. Appeals disposed of with liberty granted to appellant company to raise all material issues including period limitations and quantification methodology before Special Judge PMLA Court during trial proceedings where prosecution complaint under Sections 3 and 4 PMLA remains pending with charges yet to be framed.
AT disposed of appeals regarding provisional attachment order under money laundering proceedings where appellant challenged quantification of proceeds of crime beyond specified offence period of May 2009 to August 2010. The tribunal declined to adjudicate on contentious issue of whether proceeds should be calculated based on excess production profits or environmental restoration costs, noting absence of judicial precedent or statutory provision. Appeals disposed of with liberty granted to appellant company to raise all material issues including period limitations and quantification methodology before Special Judge PMLA Court during trial proceedings where prosecution complaint under Sections 3 and 4 PMLA remains pending with charges yet to be framed.
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