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Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
The HC sets aside the impugned order dated 8/9/2025 that blocked the petitioner's credit ledger account for failure to comply with the procedural mandate of Rule 86-A, noting the absence of contemporaneous reasons and insufficiency of the "reason to believe" standard as applied; the tribunal/authority is also directed to provide a post-decisional hearing which the petitioner is willing to avail. Relief is granted on condition that the petitioner furnishes a bank guarantee from a nationalised bank in the sum of Rs.6,50,00,000. The petition is disposed of accordingly, subject to compliance with the conditional direction and reservation of appropriate administrative follow-up.
The HC sets aside the impugned order dated 8/9/2025 that blocked the petitioner's credit ledger account for failure to comply with the procedural mandate of Rule 86-A, noting the absence of contemporaneous reasons and insufficiency of the "reason to believe" standard as applied; the tribunal/authority is also directed to provide a post-decisional hearing which the petitioner is willing to avail. Relief is granted on condition that the petitioner furnishes a bank guarantee from a nationalised bank in the sum of Rs.6,50,00,000. The petition is disposed of accordingly, subject to compliance with the conditional direction and reservation of appropriate administrative follow-up.
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