https://www.taxtmi.com/caselaws?id=416640 Where a specialized forum is already seized of dispute over implementation of concessions under a sanctioned BIFR scheme, the writ court may decline to decide the merits and require the parties to pursue their remedies before that forum. The court found that the company's sickness proceedings had ended after its net worth turned positive and that the dispute was pending before the NCLT, so no substantive direction or observation was made on the tax concession claim. Existing interim protection against coercive action was, however, continued until the NCLT passed appropriate interim orders. en-us Tue, 07 Dec 2021 00:00:00 +0530 Tue, 04 Jan 2022 07:22:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416640 Where a specialized forum is already seized of dispute over implementation of concessions under a sanctioned BIFR scheme, the writ court may decline to decide the merits and require the parties to pursue their remedies before that forum. The court found that the company's sickness proceedings had ended after its net worth turned positive and that the dispute was pending before the NCLT, so no substantive direction or observation was made on the tax concession claim. Existing interim protection against coercive action was, however, continued until the NCLT passed appropriate interim orders. Case-Laws VAT and Sales Tax Tue, 07 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416640