Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
The HC refused the petitioner's prayer for expungement of an allegedly defamatory court remark, holding that the media's sensational reporting of an innocuous judicial observation did not require judicial clarification and directing reputable media to self-regulate; that application was disposed of. Separately, the HC dismissed the petitioner's challenge to open non-bailable warrants (NBWs), finding no mala fide issuance: investigative necessity for custodial interrogation to trace complex money flows and confront the accused with voluminous seized documents and foreign evidence established objective satisfaction and prima facie culpability. The court held the petitioner's arrest apprehension to be misplaced, noting available legal remedies upon submission to jurisdiction, and declined to cancel the NBWs.
The HC refused the petitioner's prayer for expungement of an allegedly defamatory court remark, holding that the media's sensational reporting of an innocuous judicial observation did not require judicial clarification and directing reputable media to self-regulate; that application was disposed of. Separately, the HC dismissed the petitioner's challenge to open non-bailable warrants (NBWs), finding no mala fide issuance: investigative necessity for custodial interrogation to trace complex money flows and confront the accused with voluminous seized documents and foreign evidence established objective satisfaction and prima facie culpability. The court held the petitioner's arrest apprehension to be misplaced, noting available legal remedies upon submission to jurisdiction, and declined to cancel the NBWs.
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