credit of fabricated LoCs, with a private financial
intermediary M/s.Viswapriya Financial Services and Security Limited, Chennai.
22. Furthermore, A3 authorised payments ... Cheque,
favouring Global Trust Bank, where the financial intermediary-M/s.Viswapriya
Financial Services and Security Limited had lodged all the forged documents for
collection
credit of fabricated LoCs, with a private financial
intermediary M/s.Viswapriya Financial Services and Security Limited, Chennai.
22. Furthermore, A3 authorised payments ... Cheque,
favouring Global Trust Bank, where the financial intermediary-M/s.Viswapriya
Financial Services and Security Limited had lodged all the forged documents for
collection
definition of the expression “interest” has been construed by
this Court in Viswapriya Financial Services and Securities v.
Commissioner of Income
State (Order in
Crl.R.C.No.273 of 2014 dated 18.09.2019); Viswapriya (India) Limited Vs.
Government of Tamil Nadu [2015 (4) CTC 705]; Dhurvasalu
Judgement reported in 258 ITR 496
(Madras) in the case of Viswapriya Financial Services and Securities Vs.
Commissioner of Income Tax . It had been held ... definition of the expression “interest”
has been construed by this Court in Viswapriya
Financial Services and Securities v. Commissioner
of Income
Division Bench of Madras High Court in
COMMISSIONER OF INCOME-TAX v. VISWAPRIYA
FINANCIAL SERVICES AND SECURITIES LIMITED6 , at
paragraph 8 of the judgment, observed
found favour with a learned Judge of the
Madras High Court in Viswapriya (India) Ltd. v. Government of
Tamilnadu and Others (MANU/TN/2482/2015
bankers. The accused, who was the Managing Director of M/s. Viswapriya Financial Services Limited, did not pay the depositors to the tune
this Court has referred to the earlier decision of this Court in
Viswapriya Financial Services and Securities V.Commissioner of Income Tax 1.
That decision ... definition of the expression “interest” has been construed by
this Court in Viswapriya Financial Services and Securities v.
Commissioner of Income
This Court earlier ordered winding up of A1-M/s.Viswapriya
(India) Limited vide order dated 21.04.2023 in C.P.No.15 of 2014. This ... well as A4/party-in-person and other Directors M/s.Viswapriya (India)
Limited.
11.He would further submit that
