No personal hearing was provided for the First Show Cause Notice issued against the petitioner.
The Bombay High Court has quashed a show cause notice in an Excise Case issued against ICICI Home Finance, for delay in adjudication. The Petitioner, a wholly owned subsidiary of ICICI Bank Limited, approached the Bombay High Court seeking a declaration that the proceedingsĀ initiated pursuant to two show cause notices dated 22nd October 2010…
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