Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
The AT allowed the appeal, holding the impugned attachment and freeze unlawful for breach of natural justice due to non-supply of relied-upon documents (RUDs) with the show-cause notice; several RUDs, including investigative reports and FIRs, were integral to the reasons to believe and were not furnished. The Tribunal found that peripheral factual disputes (shareholding quantum, timing/repayment of loans, proprietary rights, and proportionality of seizure) became moot once procedural illegality was established. The respondents are directed to return seized movable assets, digital devices and records and to de-freeze the appellant's bank accounts within six weeks of receipt of a certified copy of this order. Appeal allowed.
The AT allowed the appeal, holding the impugned attachment and freeze unlawful for breach of natural justice due to non-supply of relied-upon documents (RUDs) with the show-cause notice; several RUDs, including investigative reports and FIRs, were integral to the reasons to believe and were not furnished. The Tribunal found that peripheral factual disputes (shareholding quantum, timing/repayment of loans, proprietary rights, and proportionality of seizure) became moot once procedural illegality was established. The respondents are directed to return seized movable assets, digital devices and records and to de-freeze the appellant's bank accounts within six weeks of receipt of a certified copy of this order. Appeal allowed.
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