Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
A writ petition challenging the order confirming the proposal in the show cause notice was disposed of by directing a de novo adjudication on merits, subject to the petitioner's compliance with an additional pre-deposit condition. The Court accepted the petitioner's willingness to deposit an extra 15% of the disputed tax over and above the amount already pre-deposited at appeal stage, and required a reply to the show cause notice with supporting documents. The impugned order was treated as an addendum to the notice, earlier payments were to be adjusted subject to verification, and lifting of the bank attachment was made conditional on compliance and the absence of other arrears.
A writ petition challenging the order confirming the proposal in the show cause notice was disposed of by directing a de novo adjudication on merits, subject to the petitioner's compliance with an additional pre-deposit condition. The Court accepted the petitioner's willingness to deposit an extra 15% of the disputed tax over and above the amount already pre-deposited at appeal stage, and required a reply to the show cause notice with supporting documents. The impugned order was treated as an addendum to the notice, earlier payments were to be adjusted subject to verification, and lifting of the bank attachment was made conditional on compliance and the absence of other arrears.
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