Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2020 (9) TMI 1291

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on expressed and it is not adjudication that the petitioners are declared as willful defaulters. The hearing is yet to be conducted, as informed by the learned counsel for the petitioners. The hearing would obviously be conducted on the show cause notice dated 13.11.2019. It is only after grant of hearing to the petitioners that the final adjudication shall be done by the Bank. This order is pa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hearing is yet to take place. Inviting our attention to the communication dated 19.2.2020 and 31.8.2020, it is urged by the learned counsel for the petitioners that the respondents have already made up a mind to treat the petitioners as willful defaulters. We have gone through the said notices and we find that this is merely a tentative opinion expressed and it is not adjudication that the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates