2016 (11) TMI 567 - SCH - Central Excise

Recovery from company in liquidation - Held that - even if this appeal is allowed and the Excise Department is held entitled to recover the amount, it would not be in a position to recover any amount from the company in liquidation. Therefore, we do not deem it proper to go into the merits of this appeal because of the aforesaid reason - appeal dismissed.

Summary

The Supreme Court dismissed the civil appeals as the respondent-company is in liquidation with only a sum of Rs. 6,10,393.33 remaining, making recovery unlikely even if the appeal is allowed. The court did not go into the merits of the appeal due to this reason, leaving the question of law open.