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of <h1>Supreme Court of India mandates settling tax dues u/s 53 of Insolvency and Bankruptcy Code, 2016; appeals resolved.</h1> <h3>Principal Commissioner Of Customs Versus Rajendra Prasad Tak Etc.</h3> Principal Commissioner Of Customs Versus Rajendra Prasad Tak Etc. - TMI The Supreme Court of India considered the question of limitation in a case and clarified that the dues of the Central Board of Indirect Taxes & Customs will be paid as per Section 53 of the Insolvency and Bankruptcy Code, 2016. The appeals were disposed of, and any pending applications were also disposed of.
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