Search and seizure: abatement of earlier search bars use of prior seized material in later search-based assessments; relief limited to new documents f...
Admission of additional evidence under remand rules must await a meaningful remand report; failure to do so breaches natural justice and mandates rema...
Fairness and transparency in NRRA assignment under Regulation 37A require contextual application balancing competing interests; the tribunal found that fairness must account for the liquidator and secured creditor's position and did not view denial of consideration of a contemporaneous enhanced offer as patent unfairness where timelines and legitimate expectations of other stakeholders were engaged. Revised bids submitted after prescribed cut off and without required deposits need not be entertained to preserve finality; the appellant's belated, non compliant offer was therefore properly excluded. Acquiescence and waiver by conduct, and vested rights of a purchaser who acted on the sale absent fraud or collusion, bar post sale disturbance. Outcome: appeal dismissed.
Fairness and transparency in NRRA assignment under Regulation 37A require contextual application balancing competing interests; the tribunal found that fairness must account for the liquidator and secured creditor's position and did not view denial of consideration of a contemporaneous enhanced offer as patent unfairness where timelines and legitimate expectations of other stakeholders were engaged. Revised bids submitted after prescribed cut off and without required deposits need not be entertained to preserve finality; the appellant's belated, non compliant offer was therefore properly excluded. Acquiescence and waiver by conduct, and vested rights of a purchaser who acted on the sale absent fraud or collusion, bar post sale disturbance. Outcome: appeal dismissed.
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