Prohibited importation of cosmetics without prior regulatory registration attracts seizure and confiscation; warehousing or re export claims do not cu...
Provisional release on security permitted where cash deposit plus bond secures differential duty; classification and treaty benefits referred for deci...
Customs Valuation Rule Sequence must be followed; single-comparator re-determination and penalties set aside without comparability or proof of mis-dec...
Separately Identifiable Services: transportation found to be the essential character, so Cargo Handling classification and extended limitation rejecte...
Simultaneous insolvency proceedings may be initiated and admitted against a corporate debtor and its guarantor where statutory conditions for CIRP are met; the guarantor's liability being co-extensive with the principal supports parallel proceedings, subject to independent examination by the adjudicating authority. Creditors are not compelled to elect or apportion claims between debtor and guarantor because the doctrine of election does not apply absent mutually inconsistent remedies or express statutory mandate. Apprehensions of double enrichment do not bar parallel CIRP proceedings given obligations to update claims and the resolution professional's duty to assess and revise claims, and the adjudicating authority retains reasonable discretion on admission.
Simultaneous insolvency proceedings may be initiated and admitted against a corporate debtor and its guarantor where statutory conditions for CIRP are met; the guarantor's liability being co-extensive with the principal supports parallel proceedings, subject to independent examination by the adjudicating authority. Creditors are not compelled to elect or apportion claims between debtor and guarantor because the doctrine of election does not apply absent mutually inconsistent remedies or express statutory mandate. Apprehensions of double enrichment do not bar parallel CIRP proceedings given obligations to update claims and the resolution professional's duty to assess and revise claims, and the adjudicating authority retains reasonable discretion on admission.
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