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 ...
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The appeal challenged initiation of the corporate insolvency resolution process as collusive and malicious and sought recall of admission; tribunal held the corporate debtor had validly authorised a representative by board resolution, undermining objections to representation, and found no material proving fraudulent initiation. The tribunal applied the strict standard of proof required for recalling an admission and concluded the applicant failed to meet that standard, so the adjudicating authority correctly rejected the recall application. Consequently the challenge to the Section 7 proceedings was dismissed and the admission order was maintained.
The appeal challenged initiation of the corporate insolvency resolution process as collusive and malicious and sought recall of admission; tribunal held the corporate debtor had validly authorised a representative by board resolution, undermining objections to representation, and found no material proving fraudulent initiation. The tribunal applied the strict standard of proof required for recalling an admission and concluded the applicant failed to meet that standard, so the adjudicating authority correctly rejected the recall application. Consequently the challenge to the Section 7 proceedings was dismissed and the admission order was maintained.
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