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...
Regular bail was sought in a case alleging a large illegal liquor syndicate causing loss to the exchequer. The applicant was neither named in the FIR nor attributed any direct or overt role, and the prosecution case against the applicant rested mainly on Section 161 Cr.P.C. statements and inferred association, requiring trial-level appreciation of evidence; such evaluation is impermissible at the bail stage, which cannot become a mini-trial. As the investigation was substantially complete, custodial interrogation was unnecessary and the material was largely documentary and already secured, continued incarceration served no investigational purpose. Bail granted to a similarly placed co-accused attracted parity. The applicant was enlarged on regular bail subject to conditions. - HC
Regular bail was sought in a case alleging a large illegal liquor syndicate causing loss to the exchequer. The applicant was neither named in the FIR nor attributed any direct or overt role, and the prosecution case against the applicant rested mainly on Section 161 Cr.P.C. statements and inferred association, requiring trial-level appreciation of evidence; such evaluation is impermissible at the bail stage, which cannot become a mini-trial. As the investigation was substantially complete, custodial interrogation was unnecessary and the material was largely documentary and already secured, continued incarceration served no investigational purpose. Bail granted to a similarly placed co-accused attracted parity. The applicant was enlarged on regular bail subject to conditions. - HC
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