Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Document Identification Number compliance is satisfied when electronically communicated orders are promptly authenticated through a correctly identifi...
Industrial shrimp-feed machinery classification follows its commercial function, placing integrated production plants under the specific industrial fo...
SC held that a complaint under the Negotiable Instruments Act is maintainable against a trustee who signs a cheque that is dishonoured, without necessity to array the trust as an accused. The Court reiterated that persons occupying offices entitling them to control daily conduct-by virtue of designation-fall within s.141, NI Act, and that the signatory to a dishonoured cheque is criminally liable under s.141. The impugned judgment was quashed and the appeal allowed. The Registry was directed to obtain orders from the CJI for constitution of an appropriate Bench to decide the pending reference in the related Special Leave Petition.
SC held that a complaint under the Negotiable Instruments Act is maintainable against a trustee who signs a cheque that is dishonoured, without necessity to array the trust as an accused. The Court reiterated that persons occupying offices entitling them to control daily conduct-by virtue of designation-fall within s.141, NI Act, and that the signatory to a dishonoured cheque is criminally liable under s.141. The impugned judgment was quashed and the appeal allowed. The Registry was directed to obtain orders from the CJI for constitution of an appropriate Bench to decide the pending reference in the related Special Leave Petition.
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