https://www.taxtmi.com/caselaws?id=451207 Delay in furnishing documents under the Settlement Proceedings Regulations, 2018 did not justify rejection where the explanation for the lapse was accepted and no overriding prejudice was shown. The Bombay High Court held that a 15-day delay should not render the settlement applications inconsequential on the peculiar facts, and that denial of consideration would prejudice the applicant. The impugned rejection was set aside, and the settlement proceedings were restored for fresh decision in accordance with law. en-us Tue, 19 Mar 2024 00:00:00 +0530 Fri, 22 Mar 2024 07:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451207 Delay in furnishing documents under the Settlement Proceedings Regulations, 2018 did not justify rejection where the explanation for the lapse was accepted and no overriding prejudice was shown. The Bombay High Court held that a 15-day delay should not render the settlement applications inconsequential on the peculiar facts, and that denial of consideration would prejudice the applicant. The impugned rejection was set aside, and the settlement proceedings were restored for fresh decision in accordance with law. Case-Laws SEBI Tue, 19 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451207