https://www.taxtmi.com/caselaws?id=391397 The Writ Petition was dismissed due to the absence of relevant provisions under Section 63 of the Customs Act, 1962. However, proceedings were ongoing before the National Company Law Tribunal with a moratorium granted under Section 14 of the Insolvency and Bankruptcy Code, 2016. A Resolution Professional was appointed to handle the Corporate Insolvency Resolution Process, allowing the petitioner to submit a claim under Section 53 of the IB Code. The RP agreed to consider the claim in line with the priority order and was directed to promptly dispose of the perishable goods through a public auction within four weeks. en-us Mon, 20 Jan 2020 00:00:00 +0530 Tue, 28 Jan 2020 09:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391397 The Writ Petition was dismissed due to the absence of relevant provisions under Section 63 of the Customs Act, 1962. However, proceedings were ongoing before the National Company Law Tribunal with a moratorium granted under Section 14 of the Insolvency and Bankruptcy Code, 2016. A Resolution Professional was appointed to handle the Corporate Insolvency Resolution Process, allowing the petitioner to submit a claim under Section 53 of the IB Code. The RP agreed to consider the claim in line with the priority order and was directed to promptly dispose of the perishable goods through a public auction within four weeks. Case-Laws Customs Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391397