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...
Unregistered agreements for sale in respect of immovable property do not transfer title or qualify as admissible evidence where registration is mandatory; consequently the property remains part of the bankrupt's estate absent a registered sale deed. The agreements required institution of a suit for specific performance and no such suit was prosecuted within the requisite period, so the contractual right was extinguished by inaction under the Limitation Act and could not exclude the asset from the bankruptcy estate. The interlocutory application to exclude the asset was rejected and the claimed rights were held ineffective against the bankruptcy trustee's administration.
Unregistered agreements for sale in respect of immovable property do not transfer title or qualify as admissible evidence where registration is mandatory; consequently the property remains part of the bankrupt's estate absent a registered sale deed. The agreements required institution of a suit for specific performance and no such suit was prosecuted within the requisite period, so the contractual right was extinguished by inaction under the Limitation Act and could not exclude the asset from the bankruptcy estate. The interlocutory application to exclude the asset was rejected and the claimed rights were held ineffective against the bankruptcy trustee's administration.
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