Scheme approved by Court cannot be base for issuance of notice: Bombay HC

Larsen & Toubro Ltd. Vs Union of India (Bombay High Court) Bombay High Court held that show cause notice based on allegation that scheme approved by the Court is in contravention of provisions of the Finance Act quashed as order sanctioning the scheme has not been challenged by any authority and has attained finality. Facts- By this petition under Article 226 of the Constitution of India, Petitioner seeks to challenge a show cause notice No.127 of 2018 dated 23rd October 2018 issued to Petitioner-L & T Hydrocarbon Engineering Limited (“LTHE”), for the period 2013-14 to show cause w...