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...
The HC directed provisional release of seized imported goods at the interim stage of seizure memo proceedings, treating the request as confined to conditional release pending adjudication. Noting that similar writ petitions on identical facts had already been allowed on the same basis and that course had been left undisturbed by the Supreme Court, the Court ordered release subject to payment of the enhanced duty quantified by Customs, furnishing of a bank guarantee, and maintenance of transaction details for any onward sale. The order expressly preserved Customs' to proceed with adjudication independently and to decide the matter in accordance with law.
The HC directed provisional release of seized imported goods at the interim stage of seizure memo proceedings, treating the request as confined to conditional release pending adjudication. Noting that similar writ petitions on identical facts had already been allowed on the same basis and that course had been left undisturbed by the Supreme Court, the Court ordered release subject to payment of the enhanced duty quantified by Customs, furnishing of a bank guarantee, and maintenance of transaction details for any onward sale. The order expressly preserved Customs' to proceed with adjudication independently and to decide the matter in accordance with law.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
