Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
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Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
The HC disposed of the writ petition concerning attachment and short-payment of Rs.35,59,067. The petitioner admitted liability for the sum and requested monthly installments, but the second respondent failed to consider this representation dated 26.05.2025. The court declined to intervene against garnishee proceedings dated 15.04.2025 given the admitted liability. However, the HC directed the second respondent to consider and pass orders on the petitioner's representation for 24 equal monthly installments within three weeks from receipt of the order, recognizing the respondent's duty to consider such applications expeditiously and protect the petitioner's interests.
The HC disposed of the writ petition concerning attachment and short-payment of Rs.35,59,067. The petitioner admitted liability for the sum and requested monthly installments, but the second respondent failed to consider this representation dated 26.05.2025. The court declined to intervene against garnishee proceedings dated 15.04.2025 given the admitted liability. However, the HC directed the second respondent to consider and pass orders on the petitioner's representation for 24 equal monthly installments within three weeks from receipt of the order, recognizing the respondent's duty to consider such applications expeditiously and protect the petitioner's interests.
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