15 July 2024


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SC: Proceedings Should be Initiated Within Reasonable Period When No Period is Specified in Statute - 25.08.2022

Supreme Court while quashing notices issues in 2002 against banks to explain transactions of year 1992-1993, has held that the authorities are required to initiate proceeding within a reasonable period when no such period has been provided in the statute.

Tags : Supreme Court Reasonable Period Statute

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