Pre-trial bail granted where custodial period, documentary prosecution, and magistrate-triable offence favor release subject to surety and no witness ...
Allowability of Salary Exemptions: Form 16 entries can substantiate HRA and other salary exemptions, and home loan interest is deductible for a self-o...
Capital gains exemption: payment for plot, architect fees and bona fide commencement of construction can satisfy utilisation requirement and secure re...
A purchaser sought to set aside the sale certificate and compel the liquidator to cooperate in identifying and demarcating mortgaged land. The tribunal held that land survey/demarcation is a statutory function requiring technical expertise and must be undertaken only by competent authorities under the Kerala Survey and Boundaries Act, 1961; the liquidator has no power to perform or substitute such adjudicatory exercise affecting civil rights. As the property had already been surveyed at the liquidator's request by the competent authority and the purchaser had not pursued statutory remedies or appeals for any further survey, no repeat survey was warranted. The appeal was dismissed. - NCLAT
A purchaser sought to set aside the sale certificate and compel the liquidator to cooperate in identifying and demarcating mortgaged land. The tribunal held that land survey/demarcation is a statutory function requiring technical expertise and must be undertaken only by competent authorities under the Kerala Survey and Boundaries Act, 1961; the liquidator has no power to perform or substitute such adjudicatory exercise affecting civil rights. As the property had already been surveyed at the liquidator's request by the competent authority and the purchaser had not pursued statutory remedies or appeals for any further survey, no repeat survey was warranted. The appeal was dismissed. - NCLAT
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