PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Page of 4826
Press 'Enter' after typing page number.
1 to 20 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 regulator advises insolvency professionals to file applications under the PMLA for restitution of assets attached by enforcement authorities in insolvency matters and prescribes a standard undertaking to accompany such applications. The undertaking bars sale, transfer or use of restituted assets to disqualified persons or those benefiting accused/charge-sheeted parties, requires quarterly reports to the Special Court on asset status, use and disposals, mandates disclosure of attached properties in information memoranda/auction notices, and obliges cooperation with investigators (including provision of PUFE transaction details, creditor committee and successful bidder information). Non-commercial documents must be produced on request; commercially sensitive materials require written acknowledgement of sensitivity. Obligations run until plan approval or dissolution.
The regulator advises insolvency professionals to file applications under the PMLA for restitution of assets attached by enforcement authorities in insolvency matters and prescribes a standard undertaking to accompany such applications. The undertaking bars sale, transfer or use of restituted assets to disqualified persons or those benefiting accused/charge-sheeted parties, requires quarterly reports to the Special Court on asset status, use and disposals, mandates disclosure of attached properties in information memoranda/auction notices, and obliges cooperation with investigators (including provision of PUFE transaction details, creditor committee and successful bidder information). Non-commercial documents must be produced on request; commercially sensitive materials require written acknowledgement of sensitivity. Obligations run until plan approval or dissolution.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
Join Channel 
