The Principal Commissioner of Customs filed civil appeals before the Supreme Court of India. The appeals raised a question of limitation. The court decided not to pass a detailed order on the merits of the case. The court clarified that 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 Principal Commissioner of Customs filed civil appeals before the Supreme Court of India. The appeals raised a question of limitation. The court decided not to pass a detailed order on the merits of the case. The court clarified that 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.