Punjab and Haryana High Court ruled that offences involving obstruction or assault on government employees during duty cannot be quashed on the basis of private settlements.
Court held that the order confirming fraudulent ITC and penalties is appealable under Section 107, granting petitioner time to file an appeal by December 2025.
ITAT Mumbai held that expenses on dies and moulds used in vehicle manufacturing are revenue in nature, not capital, as they involve regular replacements without creating new assets. The Tribunal upheld CIT(A)’s view, citing consistency with past rulings.
NCLT admitted a Section 7 petition after finding clear evidence of financial debt and continuing default, rejecting borrower’s defence of delayed disbursement and alleged creditor breach.
Tribunal observed that the legislative amendment allowing condonation of delay reflects intent to grant equitable relief to genuine trusts and directed reconsideration of registration under Section 12AB.
