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...
De-notification of 0.2760 hectares from the sector-specific SEZ for IT/ITES at Village Gwal Pahari effectuates a revised SEZ area of 14.5545 hectares; the de-notified parcel will be repurposed for infrastructure that supports the SEZ. The action was taken under the first proviso to sub-section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the SEZ Rules, 2006, following state approval, administrative recommendation, and satisfaction of the statutory prerequisites under the Act.
De-notification of 0.2760 hectares from the sector-specific SEZ for IT/ITES at Village Gwal Pahari effectuates a revised SEZ area of 14.5545 hectares; the de-notified parcel will be repurposed for infrastructure that supports the SEZ. The action was taken under the first proviso to sub-section (1) of section 4 of the Special Economic Zones Act, 2005 and rule 8 of the SEZ Rules, 2006, following state approval, administrative recommendation, and satisfaction of the statutory prerequisites under the Act.
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