Maintainability of a Section 7 insolvency petition against a financial service provider denied; appeal dismissed for non maintainability and complex d...
Provisional attachment under Prevention of Money Laundering Act requires exhaustion of statutory remedies; impugned order set aside, appeal to tribuna...
Restoration of property under Prevention of Money Laundering Act after attachment dispute rendered academic; possession directed to successful resolut...
The Bond-cum-Legal Undertaking required from SEZ developers/units may be executed and submitted electronically in formats specified from time to time, including as an electronic BLUT via e-stamp or other digital mechanisms and integrated electronic systems such as ICEGATE; this dispenses with the prior requirement to execute the BLUT on non-judicial stamp paper and to have it notarised, and supersedes Instruction No. 2 dated 24.03.2006. The change permits electronic acceptance of bonds under the SEZ Act/Rules and aligns procedural formality with existing electronic bond systems.
The Bond-cum-Legal Undertaking required from SEZ developers/units may be executed and submitted electronically in formats specified from time to time, including as an electronic BLUT via e-stamp or other digital mechanisms and integrated electronic systems such as ICEGATE; this dispenses with the prior requirement to execute the BLUT on non-judicial stamp paper and to have it notarised, and supersedes Instruction No. 2 dated 24.03.2006. The change permits electronic acceptance of bonds under the SEZ Act/Rules and aligns procedural formality with existing electronic bond systems.
Note: It is a system-generated summary and is for quick reference only.
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