https://www.taxtmi.com/caselaws?id=311340 The SC dismissed the SLP, agreeing with the HC that the petitioner must pursue statutory remedies. The Court acknowledged the petitioner's lack of connection to company affairs and FEMA violations, granting exemption from the pre-deposit requirement if an appeal is filed. The petitioner is allowed to file an appeal within three weeks, with the Appellate Authority having discretion on pre-deposit exemption. The petitioner will not be non-suited for filing beyond the limitation period due to prior legal pursuits. Representation was transferred to the Official Liquidator, and necessary amendments were ordered. en-us Fri, 09 Jul 2021 00:00:00 +0530 Thu, 21 Dec 2023 06:03:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311340 The SC dismissed the SLP, agreeing with the HC that the petitioner must pursue statutory remedies. The Court acknowledged the petitioner's lack of connection to company affairs and FEMA violations, granting exemption from the pre-deposit requirement if an appeal is filed. The petitioner is allowed to file an appeal within three weeks, with the Appellate Authority having discretion on pre-deposit exemption. The petitioner will not be non-suited for filing beyond the limitation period due to prior legal pursuits. Representation was transferred to the Official Liquidator, and necessary amendments were ordered. Case-Laws FEMA Fri, 09 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311340