Interactive flat panels meeting automatic data processing conditions are distinguished from monitors, while later classification clarifications apply ...
Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Grant or renewal of an excise licence remains governed by the Telangana Excise Act and the rules made under it, and is subject to statutory preconditions including payment of the prescribed fee. The insolvency adjudicatory forum cannot, under the Insolvency and Bankruptcy Code, override the State's sovereign regulatory domain by directing renewal of the licence or waiving statutory conditions. The direction was also unsustainable because the Excise Department was affected without being impleaded or heard. The impugned order was quashed, while leaving the respondent free to seek any remedy otherwise available in law for refund, adjustment, or renewal in accordance with excise law.
Grant or renewal of an excise licence remains governed by the Telangana Excise Act and the rules made under it, and is subject to statutory preconditions including payment of the prescribed fee. The insolvency adjudicatory forum cannot, under the Insolvency and Bankruptcy Code, override the State's sovereign regulatory domain by directing renewal of the licence or waiving statutory conditions. The direction was also unsustainable because the Excise Department was affected without being impleaded or heard. The impugned order was quashed, while leaving the respondent free to seek any remedy otherwise available in law for refund, adjustment, or renewal in accordance with excise law.
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