Raids, conducted by government officials are intended to collect incriminatory evidence against an entity or individual accused of committing act which are in contravention of law. To prevent such inconvenience on part of the Competition Commission of India, the principal statute provides the Director General of CCI to conduct dawn raids on its instruction. The DG has broad powers related …
In an important decision delivered today, the Calcutta High Court has held that step taken under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 while taking possession of the secured assets is a ministerial step and hence, the Chief Metropolitan Magistrate or the District Magistrate need not go personally to take …
