Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
The NCLAT held that a contempt petition alleging violation of a subsequent SC order failed: the SC had adjudicated the related matter and the NCLAT's earlier order was set aside, but that decision did not assist the Appellant on the merits here. Reliance on Bhagwan Singh was rejected as inapposite because it arose from a High Court quashal under CrPC §482, whereas the Appellant's applications remain pending before the NCLT, Principal Bench. Those applications were adjourned for final hearing and, given their pendency and absence of prejudice, no interim relief was warranted. The appeal was accordingly dismissed and disposed of without grant of interim relief.
The NCLAT held that a contempt petition alleging violation of a subsequent SC order failed: the SC had adjudicated the related matter and the NCLAT's earlier order was set aside, but that decision did not assist the Appellant on the merits here. Reliance on Bhagwan Singh was rejected as inapposite because it arose from a High Court quashal under CrPC §482, whereas the Appellant's applications remain pending before the NCLT, Principal Bench. Those applications were adjourned for final hearing and, given their pendency and absence of prejudice, no interim relief was warranted. The appeal was accordingly dismissed and disposed of without grant of interim relief.
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