All appeals dismissed; finding of anti-competitive bid-rigging upheld under Sections 3(3)(c), 3(3)(d) read with 3(1); cease-and-desist and total-turno...
Central Government notifies 11.541-hectare Special Economic Zone for semiconductor manufacturing; Approval Committee constituted, ICD status effective...
Page of 4826
Press 'Enter' after typing page number.
10241 to 10260 of 96510 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC dismissed the petition and upheld the Respondent-Bank's June 13, 2025 order classifying the petitioner's account as "fraud" and reporting the petitioner to the regulator. The court found the impugned order to be reasoned, complied with the doctrine of audi alteram partem and the Master Directions (2024) requirement for issuance of a detailed show-cause notice furnishing the basis for fraud classification. The petitioner, a promoter/controller of the corporate borrower, was held liable for acts and omissions of the company; non-executive directors' roles were distinguished and exonerated. Absent any procedural infirmity or breach of natural-justice norms, the challenge to the fraud classification and reporting was rejected.
The HC dismissed the petition and upheld the Respondent-Bank's June 13, 2025 order classifying the petitioner's account as "fraud" and reporting the petitioner to the regulator. The court found the impugned order to be reasoned, complied with the doctrine of audi alteram partem and the Master Directions (2024) requirement for issuance of a detailed show-cause notice furnishing the basis for fraud classification. The petitioner, a promoter/controller of the corporate borrower, was held liable for acts and omissions of the company; non-executive directors' roles were distinguished and exonerated. Absent any procedural infirmity or breach of natural-justice norms, the challenge to the fraud classification and reporting was rejected.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4826 
Join Channel 
