Export obligation removed by notification, customs duty demand invalidated; penalties under s.112 and s.114AA quashed due to inadmissible s.108 statem...
Customs officers must wear and use department-issued body-worn cameras when clearing passenger baggage, with daily secure transfer and 30-day retentio...
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NCLAT allowed the appeal, set aside the impugned AA order and upheld approval of the resolution plan submitted by the Successful Resolution Applicant, holding it received the requisite approvals under Section 30(4). The Tribunal directed admission of the additional MCA email into the record, found the AA's disqualification findings under Section 29A clauses (c), (e), (g), (i) and (j) to be unsustainable, and held the SRA eligible. The Tribunal held the third-party deposit of the Performance Bank Guarantee did not contravene Regulation 36B(4A), found Regulation 38(3) inapplicable as relied upon, and concluded net-worth criteria under the RFRP were satisfied. The appeal was disposed and the AA order dated 22.07.2025 set aside.
NCLAT allowed the appeal, set aside the impugned AA order and upheld approval of the resolution plan submitted by the Successful Resolution Applicant, holding it received the requisite approvals under Section 30(4). The Tribunal directed admission of the additional MCA email into the record, found the AA's disqualification findings under Section 29A clauses (c), (e), (g), (i) and (j) to be unsustainable, and held the SRA eligible. The Tribunal held the third-party deposit of the Performance Bank Guarantee did not contravene Regulation 36B(4A), found Regulation 38(3) inapplicable as relied upon, and concluded net-worth criteria under the RFRP were satisfied. The appeal was disposed and the AA order dated 22.07.2025 set aside.
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