Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Reassessment against a deceased assessee: procedural defect mandates fresh reassessment; nonresponsive petitioner may be treated as legal representati...
Moratorium under the insolvency code does not extend to the personal guarantor's secured property; SARFAESI action against a guarantor may proceed despite a moratorium declared for the corporate debtor, and this view aligns with Supreme Court precedent. Separately, an appeal under the Contempt of Courts Act is maintainable only from an order imposing punishment for contempt; a contempt petition dismissed in limine is not an exercise of punitive contempt jurisdiction and therefore is not appealable under Section 19. Applying these principles, the appellate tribunal found the contempt appeal not maintainable and dismissed it.
Moratorium under the insolvency code does not extend to the personal guarantor's secured property; SARFAESI action against a guarantor may proceed despite a moratorium declared for the corporate debtor, and this view aligns with Supreme Court precedent. Separately, an appeal under the Contempt of Courts Act is maintainable only from an order imposing punishment for contempt; a contempt petition dismissed in limine is not an exercise of punitive contempt jurisdiction and therefore is not appealable under Section 19. Applying these principles, the appellate tribunal found the contempt appeal not maintainable and dismissed it.
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