Attachment and proclamation of sale of immovable property: limitation treated from financial year end; proclamation held within period, petition dismi...
Second Schedule attachment and validity of a post-notice mortgage: TRO cannot declare mortgage void ab initio; sale and appropriation allowed thereaft...
Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to reviv...
Deductibility of settlement payments for securities law penalties and treatment of unexplained cash credits in share trading -- Tribunal upholds posit...
Threshold for allottee-initiated insolvency petitions in leasehold real estate upheld; petition admitted after possession letters deemed legally ineff...
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Right to livelihood challenge to administrative retention of a licence entry in the Customs Broker Licence Management System was considered; the court noted the petitioner had resigned and Customs authorities had no objection to deletion, concluding there was no reason to keep the petitioners name on the respondent firms CBLMS profile, and directed deletion. The court observed absence of opposition from the firm and requested that Customs release and delete the petitioners entry from the CBLMS expeditiously, preferably within two weeks of communication of the order.
Right to livelihood challenge to administrative retention of a licence entry in the Customs Broker Licence Management System was considered; the court noted the petitioner had resigned and Customs authorities had no objection to deletion, concluding there was no reason to keep the petitioners name on the respondent firms CBLMS profile, and directed deletion. The court observed absence of opposition from the firm and requested that Customs release and delete the petitioners entry from the CBLMS expeditiously, preferably within two weeks of communication of the order.
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