Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
Development rights transfers treated as immovable property, while construction abatement applies and repeated non-payment permits extended service-tax...
Income Disclosure Scheme immunity and search-material requirements barred further share-transaction additions in unabated assessments under section 15...
Enforcement against a non-party security provider is permitted where the provider voluntarily issued a cheque as security for the disputed arbitrable liability; the court treated the undated cheque, corresponding to the tribunal claim, as a voluntary guaranty thereby exposing the issuer to enforcement of the foreign arbitral award and corrective award. The decision rejected a requirement to pierce the corporate veil because liability rested on the 2nd respondent's own undertaking; the 1st respondent's insolvency reinforced the necessity of enforcement against the security provider to prevent injustice. The appellate order allows enforcement jointly and severally against both respondents on the cheque basis.
Enforcement against a non-party security provider is permitted where the provider voluntarily issued a cheque as security for the disputed arbitrable liability; the court treated the undated cheque, corresponding to the tribunal claim, as a voluntary guaranty thereby exposing the issuer to enforcement of the foreign arbitral award and corrective award. The decision rejected a requirement to pierce the corporate veil because liability rested on the 2nd respondent's own undertaking; the 1st respondent's insolvency reinforced the necessity of enforcement against the security provider to prevent injustice. The appellate order allows enforcement jointly and severally against both respondents on the cheque basis.
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