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    <title>2025 (11) TMI 66 - BOMBAY HIGH COURT</title>
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    <description>HC held the impugned show-cause notice was not wholly without jurisdiction and declined to strike it down at the threshold. The petitioners were directed to file a detailed response and the respondents may examine the demerger effects and the applicability of the 2018 Notification while deciding the SCN. The court observed that factual and interpretive issues arising from the demerger and the Notification require investigation and that alternate remedies must be exhausted rather than bypassed. The petition challenging the SCN was dismissed.</description>
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      <description>HC held the impugned show-cause notice was not wholly without jurisdiction and declined to strike it down at the threshold. The petitioners were directed to file a detailed response and the respondents may examine the demerger effects and the applicability of the 2018 Notification while deciding the SCN. The court observed that factual and interpretive issues arising from the demerger and the Notification require investigation and that alternate remedies must be exhausted rather than bypassed. The petition challenging the SCN was dismissed.</description>
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