https://www.taxtmi.com/caselaws?id=102667 The court held that M/s. Fenner India Ltd. did not have the legal standing to claim a refund of duty paid by M/s. ISM Ltd. The sale deed executed on 23-4-97 established M/s. Fenner India Ltd. as the absolute owner of assets and liabilities of M/s. ISM Ltd. The court emphasized the separate legal identities of the companies until the sale deed was executed, ruling in favor of the Revenue based on the findings of ownership transfer. en-us Wed, 24 Oct 2001 00:00:00 +0530 Wed, 15 Feb 2012 16:44:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102667 The court held that M/s. Fenner India Ltd. did not have the legal standing to claim a refund of duty paid by M/s. ISM Ltd. The sale deed executed on 23-4-97 established M/s. Fenner India Ltd. as the absolute owner of assets and liabilities of M/s. ISM Ltd. The court emphasized the separate legal identities of the companies until the sale deed was executed, ruling in favor of the Revenue based on the findings of ownership transfer. Case-Laws Central Excise Wed, 24 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102667