SC Remands Writ to HC on Observations

The Supreme Court of India, on 03 May 2019, remanded an appeal against High Court, to the
High Court (Single Judge­writ court) on the observation that the final judgement and order of the HC, did not examine the case in
 the   context   of   the   definition   of   the   expression “Transfer” as defined in  Section 2 (g) of the Regulation; and
that certain documents filed by the
appellants to prove the transactions in
question as being legal were not hit by Section 3 of the Regulation as amended with effect  from 01.01.1970.
Download Supreme Court Judgement Copy

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