The case involves a civil appeal before the Supreme Court of India regarding the question of limitation. The court considered whether to pass a detailed order or remand the case on its merits.
The Principal Commissioner of Customs filed a civil appeal against Rajendra Prasad Tak etc. The central issue revolved around the question of limitation. The court considered the appeals and decided to dispose of them with a specific clarification regarding the payment of dues. The dues of the Central Board of Indirect Taxes & Customs, Department of Revenue, will be paid as per the waterfall stipulated under Section 53 of the Insolvency and Bankruptcy Code, 2016.
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The Supreme Court disposed of the civil appeals,…
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The case involves a civil appeal before the Supreme Court of India regarding the question of limitation. The court considered whether to pass a detailed order or remand the case on its merits.
The Principal Commissioner of Customs filed a civil appeal against Rajendra Prasad Tak etc. The central issue revolved around the question of limitation. The court considered the appeals and decided to dispose of them with a specific clarification regarding the payment of dues. The dues of the Central Board of Indirect Taxes & Customs, Department of Revenue, will be paid as per the waterfall stipulated under Section 53 of the Insolvency and Bankruptcy Code, 2016.
The Supreme Court disposed of the civil appeals,…
Sign in to view related legal provisions.