Fair-rent assessment requires consideration of lease terms, valuation principles and prevailing market rent; the certificate was quashed for fresh rev...
Document Identification Number compliance is satisfied when electronically communicated orders are promptly authenticated through a correctly identifi...
Industrial shrimp-feed machinery classification follows its commercial function, placing integrated production plants under the specific industrial fo...
The AT upheld the provisional attachment order under the Prevention of Money-Laundering framework, dismissing the appeals. The tribunal found that the assets of the director and relatives were properly treated as "proceeds of crime" within the statutory definition, including application of the second limb permitting attachment of property acquired prior to the offence when equivalent proceeds are unavailable or have been siphoned off. The AT declined to disturb the impugned order after applying settled judicial principles and authoritative precedent, concluding the attachment was justified on the record of alleged irregular loans, overvaluation and misappropriation. The appeals consequently fail and are dismissed.
The AT upheld the provisional attachment order under the Prevention of Money-Laundering framework, dismissing the appeals. The tribunal found that the assets of the director and relatives were properly treated as "proceeds of crime" within the statutory definition, including application of the second limb permitting attachment of property acquired prior to the offence when equivalent proceeds are unavailable or have been siphoned off. The AT declined to disturb the impugned order after applying settled judicial principles and authoritative precedent, concluding the attachment was justified on the record of alleged irregular loans, overvaluation and misappropriation. The appeals consequently fail and are dismissed.
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