Reverse charge and assignment of royalty collection: exemption for excess royalty collectors subject to reconciliation; leaseholders remain liable und...
Authorization requirements for customs brokers and benami shipping bills: tribunal upholds licence revocation and penalties after COVID time limit fou...
Eligibility for notification exemption on imported fertilizers challenged; penalty, interest and confiscation set aside after voluntary payment and no...
The dominant issue was whether the appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 was rightly dismissed as time-barred despite the appellant's explanation for delay. The Court held that the appellate tribunal inadequately and improperly evaluated the "sufficient cause" shown for condonation, warranting interference. Consequently, the order dismissing the appeal on limitation was set aside, and the matter was remitted for adjudication of the appeal on merits in accordance with law, with connected appeals to be heard together. - SC
The dominant issue was whether the appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 was rightly dismissed as time-barred despite the appellant's explanation for delay. The Court held that the appellate tribunal inadequately and improperly evaluated the "sufficient cause" shown for condonation, warranting interference. Consequently, the order dismissing the appeal on limitation was set aside, and the matter was remitted for adjudication of the appeal on merits in accordance with law, with connected appeals to be heard together. - SC
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