Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
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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