Tuesday, 17 September 2013

HC dismisses Vodafone writ petition on TP; elucidates law on jurisdiction of TPO and powers of DRP

IT : Jurisdiction of TPO is inherent under section 92CA(2A) and (2B). DRP can consider whether or not TPO is entitled to exercise jurisdiction; it would have powers to examine unreported transactions once entire draft order is placed before DRP


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