International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
Entitlement to transmission of shares: legal heirs prima facie entitled to transmission where register and annual statements continue to record shares in deceased's name, sustaining maintainability under the statutory scheme and permitting registration of heirs. NCLT jurisdiction to examine transfer instruments: Tribunal may, on a prima facie basis in oppression and mismanagement proceedings, assess validity of gift deeds and related documents integral to the complaint as part of its summary jurisdiction; further factual enquiry reserved. Company duty in dematerialised context: company must process transmission under Articles and prescribed procedure for demat shares and register legal heirs on proper application.
Entitlement to transmission of shares: legal heirs prima facie entitled to transmission where register and annual statements continue to record shares in deceased's name, sustaining maintainability under the statutory scheme and permitting registration of heirs. NCLT jurisdiction to examine transfer instruments: Tribunal may, on a prima facie basis in oppression and mismanagement proceedings, assess validity of gift deeds and related documents integral to the complaint as part of its summary jurisdiction; further factual enquiry reserved. Company duty in dematerialised context: company must process transmission under Articles and prescribed procedure for demat shares and register legal heirs on proper application.
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