Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
An approved resolution plan cannot be used to reopen or indefinitely re-scrutinise a homebuyer claim already admitted by the resolution professional and reflected in the creditors' list. The verification clause, read holistically, was limited to checking original documents and executing a fresh builder-buyer agreement; it did not permit re-adjudication or rejection after plan approval. Where the claim was timely filed, fully admitted, and the plan had become final, the successful resolution applicant had to implement the plan and honour crystallised liabilities. On the facts, the appellant's entitlement to title and physical possession of the allotted flat was established, and the direction for fresh scrutiny was unsustainable.
An approved resolution plan cannot be used to reopen or indefinitely re-scrutinise a homebuyer claim already admitted by the resolution professional and reflected in the creditors' list. The verification clause, read holistically, was limited to checking original documents and executing a fresh builder-buyer agreement; it did not permit re-adjudication or rejection after plan approval. Where the claim was timely filed, fully admitted, and the plan had become final, the successful resolution applicant had to implement the plan and honour crystallised liabilities. On the facts, the appellant's entitlement to title and physical possession of the allotted flat was established, and the direction for fresh scrutiny was unsustainable.
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