Legislature Upholds Penalties for Companies and Directors, Ensures Guidelines to Prevent Arbitrary Power Use by Executives.

Legislature Upholds Penalties for Companies and Directors, Ensures Guidelines to Prevent Arbitrary Power Use by Executives. https://www.taxtmi.com/highlights?id=30952 Validity of statutory provisions - Imposition of penalty on company and directors - he legislature while in view of such situation has granted discretion to the executive, at the same time, provided for sufficient guidelines and safeguards so that such discretion does not convert into arbitrary or discretionary exercise of powers - HC en-us Sat, 27 Aug 2016 13:35:11 +0530 Sat, 27 Aug 2016 13:35:11 +0530 TaxTMI RSS Generator Legislature Upholds Penalties for Companies and Directors, Ensures Guidelines to Prevent Arbitrary Power Use by Executives. https://www.taxtmi.com/highlights?id=30952 Validity of statutory provisions - Imposition of penalty on company and directors - he legislature while in view of such situation has granted discretion to the executive, at the same time, provided for sufficient guidelines and safeguards so that such discretion does not convert into arbitrary or discretionary exercise of powers - HC Highlights Customs Sat, 27 Aug 2016 13:35:11 +0530 https://www.taxtmi.com/highlights?id=30952