CFOs and Senior Finance Professionals are the key officers of a company to deal with lawyers in respect of Fiscal Litigation i.e. litigation against FBR, SRB etc.
Fiscal litigation starts from the issue of show-cause-notices then passing of orders, demand notices, thereafter appeals before different forums up to Supreme Court. At the initial level besides lawyers, other professionals are also involved i.e. Chartered Accountants, Income Tax Practitioners etc. however after Tribunal level, only advocates can represent a person before the High Courts and Supreme Court.
Besides references against the Tribunal’s orders before High Court, various Constitutional Petitions are also filed challenging the vires of various enactments or illegal action of the bureaucracy.
Therefore, it is important for the CFOs and Senior Finance Professionals to know at what point of time, a lawyer is to be consulted or engaged. For this, it is very necessary that the CFOs and Senior Finance Professionals are also familiar with the court process and what reliefs may be obtained from the court.
This workshop is the continuation of earlier series of workshops i.e. ‘Legal Issues for CFOs, Company Secretaries, Compliance Officers and Senior Finance Professionals’.
However, this workshop will specially address the issues being faced by CFOs and Senior Finance Professionals, by focusing more upon Fiscal Litigation.
The current edition is being launched with more focus on the issues recently decided by the Courts and reported in the law journals during the last six months.