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...
Interlocutory relief can be merged into and overtaken by a subsequent comprehensive supervisory order; where a final common order restructures management, orders a forensic audit and appoints an Independent Administrator under statutory management powers, earlier interim directions become part of that larger regime and an appeal against the interim step may be rendered infructuous. Maintainability objections had to be raised before the adjudicating authority; petitioner eligibility was satisfied by admitted shareholding above the statutory threshold. Any disputes over SPA clauses or receivables must now be addressed within the framework of the common order or upon the forensic audit report.
Interlocutory relief can be merged into and overtaken by a subsequent comprehensive supervisory order; where a final common order restructures management, orders a forensic audit and appoints an Independent Administrator under statutory management powers, earlier interim directions become part of that larger regime and an appeal against the interim step may be rendered infructuous. Maintainability objections had to be raised before the adjudicating authority; petitioner eligibility was satisfied by admitted shareholding above the statutory threshold. Any disputes over SPA clauses or receivables must now be addressed within the framework of the common order or upon the forensic audit report.
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