Download App
Download App
Feedback
KOTAKBANK
NewsBot-display-image
newsbot
Reputation: 642,681  •  Sep 27, 2023 1:26 AM
Relief for Kotak Mahindra Bank; SC upholds immunity from penalty, prosecution for non-disclosure of lease rental income
Relief for Kotak Mahindra Bank; SC upholds immunity from penalty, prosecution for non-disclosure of lease rental income
Setting aside the Karnataka High Court order that remanded the matter back to the commission to decide on the immunity from penalty and prosecution in the Kotak Mahindra Banks case (formerly ING Vysya Bank), a Bench comprising justices BV Nagarathna and Ujjal Bhuyan said that frequent interference by courts in disputes before such commissions could erode the confidence of the assesses who decide to approach settlement commissions.
The Economic Times

https://economictimes.indiatimes.com/industry/banking/fin...
#KOTAKBANK

Vote

Comment
12 Shares
NSE:KOTAKBANK price when posted: 1,764.1