https://www.taxtmi.com/caselaws?id=779588 A clarificatory fraud-management regime did not wipe out a pending show-cause notice issued under the earlier directions, so the fraud-determination process could continue if natural justice was observed. The governing standard was audi alteram partem: notice, disclosure of the material relied upon, and an opportunity to file a written response were required before an adverse fraud classification. A personal hearing was not treated as mandatory in every case unless expressly provided. The article also notes that where a company's account is classified as fraud, persons in control may face consequential action even without a separate specific allegation against them, if their control is otherwise established. 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 A clarificatory fraud-management regime did not wipe out a pending show-cause notice issued under the earlier directions, so the fraud-determination process could continue if natural justice was observed. The governing standard was audi alteram partem: notice, disclosure of the material relied upon, and an opportunity to file a written response were required before an adverse fraud classification. A personal hearing was not treated as mandatory in every case unless expressly provided. The article also notes that where a company's account is classified as fraud, persons in control may face consequential action even without a separate specific allegation against them, if their control is otherwise established. Case-Laws Indian Laws Fri, 03 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779588