Tariff rate quota authorisations govern preferential imports of specified New Zealand goods through export certification and electronic customs debiti...
Electronic Continuity Bond Registration replaces manual container permissions, with quarterly reporting and re-export monitoring for duty-free contain...
Delayed transport documents failed to validate intercepted goods, sustaining transit-state penalties where the claimed interstate destination remained...
The HC held that an interim moratorium under the IB Code does not bar continuation or initiation of proceedings under Sections 138/141 of the NI Act against natural persons responsible for the corporate debtor; personal criminal liability survives insolvency processes unless expressly extinguished by a resolution plan under Section 31 with change of management and operation of Section 32A. The common order of the JMFC staying/terminating the criminal proceedings was quashed and set aside. Proceedings under Section 138 of the NI Act shall continue against the corporate debtor and its erstwhile directors/persons in charge (here, the company and its Chairman and Managing Director). Petition allowed.
The HC held that an interim moratorium under the IB Code does not bar continuation or initiation of proceedings under Sections 138/141 of the NI Act against natural persons responsible for the corporate debtor; personal criminal liability survives insolvency processes unless expressly extinguished by a resolution plan under Section 31 with change of management and operation of Section 32A. The common order of the JMFC staying/terminating the criminal proceedings was quashed and set aside. Proceedings under Section 138 of the NI Act shall continue against the corporate debtor and its erstwhile directors/persons in charge (here, the company and its Chairman and Managing Director). Petition allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
