https://www.taxtmi.com/caselaws?id=84568 Compulsory acquisition of an undertaking under the U.P. Sugar Undertaking (Acquisition) Act, 1971 did not, on the statutory scheme of Sections 3 and 15, shift prior central excise liabilities to the acquiring corporation. The acquisition law governed allocation of liabilities, and preserved other legal remedies only where the claim was enforceable against the proper person in the manner contemplated by that statute. A private agreement with excise could not enlarge the corporation's liability or override the statutory position. The prior-period excise demand was therefore not recoverable from the acquiring corporation, and rejection of the refund claim was unsustainable. en-us Thu, 19 Oct 1995 00:00:00 +0530 Fri, 22 Jul 2011 17:43:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84568 Compulsory acquisition of an undertaking under the U.P. Sugar Undertaking (Acquisition) Act, 1971 did not, on the statutory scheme of Sections 3 and 15, shift prior central excise liabilities to the acquiring corporation. The acquisition law governed allocation of liabilities, and preserved other legal remedies only where the claim was enforceable against the proper person in the manner contemplated by that statute. A private agreement with excise could not enlarge the corporation's liability or override the statutory position. The prior-period excise demand was therefore not recoverable from the acquiring corporation, and rejection of the refund claim was unsustainable. Case-Laws Central Excise Thu, 19 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84568