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...
Contravention of foreign exchange rules in crossborder diamond payments; appellate tribunal reduces one appellant's penalty for delay and proportional...
Restriction on adoption of financial statements occurred alongside deferral of three AGM agenda items; the deferred items must be taken up by the tribunal on 27.01.2026 and directions issued thereon. The question whether a principal trustee may exercise voting rights and preside was addressed by directing compliance with statutory procedure for appointment of the chairperson by voting, and that no specific additional injunction against an individual was required because existing interim orders may be enforced and breaches pursued, including contempt proceedings. The appellate disposal requests the lower forum to expeditiously hear and decide the remaining agendas at the next listed hearing.
Restriction on adoption of financial statements occurred alongside deferral of three AGM agenda items; the deferred items must be taken up by the tribunal on 27.01.2026 and directions issued thereon. The question whether a principal trustee may exercise voting rights and preside was addressed by directing compliance with statutory procedure for appointment of the chairperson by voting, and that no specific additional injunction against an individual was required because existing interim orders may be enforced and breaches pursued, including contempt proceedings. The appellate disposal requests the lower forum to expeditiously hear and decide the remaining agendas at the next listed hearing.
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