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...
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The HC dismissed the application seeking condonation of 116 days' delay in filing an appeal under S.42 PMLA. It held that, read with S.29(2) Limitation Act, the statutory scheme under S.42 PMLA prescribes a maximum outer limit of 120 days (60 days plus a further 60 days) for filing an appeal, expressly excluding the application of S.5 Limitation Act beyond this period. Relying on analogous SC precedents under the Electricity Act and the Arbitration and Conciliation Act, the HC concluded it lacks jurisdiction to condone delay beyond 120 days, rendering the appeal time-barred.
The HC dismissed the application seeking condonation of 116 days' delay in filing an appeal under S.42 PMLA. It held that, read with S.29(2) Limitation Act, the statutory scheme under S.42 PMLA prescribes a maximum outer limit of 120 days (60 days plus a further 60 days) for filing an appeal, expressly excluding the application of S.5 Limitation Act beyond this period. Relying on analogous SC precedents under the Electricity Act and the Arbitration and Conciliation Act, the HC concluded it lacks jurisdiction to condone delay beyond 120 days, rendering the appeal time-barred.
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