International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
Dishonour of cheque under the Negotiable Instruments law and vicarious liability of a company officer were central: the managing director, being signatory and in charge of day-to-day affairs, issued cheques in partial discharge of debt and those cheques were dishonoured for insufficiency of funds, and statutory notice remained uncomplied with; on that basis the trial and appellate courts' findings that the offence under the Negotiable Instruments law was made out were upheld. The sentence as modified on appeal was found not to warrant interference and the revision challenging conviction and sentence was dismissed.
Dishonour of cheque under the Negotiable Instruments law and vicarious liability of a company officer were central: the managing director, being signatory and in charge of day-to-day affairs, issued cheques in partial discharge of debt and those cheques were dishonoured for insufficiency of funds, and statutory notice remained uncomplied with; on that basis the trial and appellate courts' findings that the offence under the Negotiable Instruments law was made out were upheld. The sentence as modified on appeal was found not to warrant interference and the revision challenging conviction and sentence was dismissed.
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