https://www.taxtmi.com/caselaws?id=779588 Fraud-classification proceedings may continue under an earlier show-cause notice after revised fraud-management directions supersede the prior regime where the revised directions are clarificatory and natural justice is observed. The notice remained valid, so the challenge based on supersession failed. Natural justice required notice, disclosure of relied-upon material and a fair opportunity for written representation, but did not confer an automatic right to a personal hearing. Promoters or persons controlling a company may face consequences of its fraud classification without separate specific allegations where their control is established. The petitioner had sufficient opportunity to respond and was shown to be in control; the fraud classification and consequential reporting were sustained. en-us Fri, 03 Oct 2025 00:00:00 +0530 Thu, 09 Oct 2025 08:54:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779588 Fraud-classification proceedings may continue under an earlier show-cause notice after revised fraud-management directions supersede the prior regime where the revised directions are clarificatory and natural justice is observed. The notice remained valid, so the challenge based on supersession failed. Natural justice required notice, disclosure of relied-upon material and a fair opportunity for written representation, but did not confer an automatic right to a personal hearing. Promoters or persons controlling a company may face consequences of its fraud classification without separate specific allegations where their control is established. The petitioner had sufficient opportunity to respond and was shown to be in control; the fraud classification and consequential reporting were sustained. Case-Laws Indian Laws Fri, 03 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779588