NPCI-based bank account validation for IEC applications and modifications enables real-time validation; incorrect details block submission or trigger ...
Creation/Invocation of pledge of securities through depository system: standardized pledge forms, notice requirement and invocation notifications to p...
Calendar Spread margin benefit for Single Stock Derivatives suspended on expiry day for expiring contracts; exchanges must implement systems and rule ...
Proportionate interest, unexplained credits and partner remuneration disputed; proofs of fund nexus and lender identity were decisive and disallowance...
Capital gains valuation from stamp assessment versus net consideration for residential reinvestment: deemed stamp value replaced for gains but not for...
Cancellation of bail granted for alleged GST evasion through clandestine cigarette supplies involving approximately ₹72 crore was sought on the ground that the trial court failed to take a prima facie view of the gravity of economic offences, relied on an insignificant deposit, and granted bail while investigation was incomplete with a risk of evidence tampering. The court agreed that economic offences warrant stricter scrutiny and that the bail order understated the offence's seriousness, but held that the investigating agency's prolonged inaction-no complaint filed even after more than five years and investigation still stated to be pending-militated against curtailing liberty at this stage; the cancellation petition was dismissed - HC
Cancellation of bail granted for alleged GST evasion through clandestine cigarette supplies involving approximately ₹72 crore was sought on the ground that the trial court failed to take a prima facie view of the gravity of economic offences, relied on an insignificant deposit, and granted bail while investigation was incomplete with a risk of evidence tampering. The court agreed that economic offences warrant stricter scrutiny and that the bail order understated the offence's seriousness, but held that the investigating agency's prolonged inaction-no complaint filed even after more than five years and investigation still stated to be pending-militated against curtailing liberty at this stage; the cancellation petition was dismissed - HC
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