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    <title>Liquidator&#039;s Appeal Dismissed: No Recovery of Customs Duties via Bank Guarantee or FDRs Under IBC Section 14 Moratorium.</title>
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    <description>Rejection of application of the Liquidator - recoveries of customs duties - invocation of the Bank Guarantee(BG) allowed, during the moratorium period in force under section 14 of IBC. - the customs authorities are not recovering any amount on the basis of assessed customs/import duty, but the issue in the appeal is about invocation of the BG and FDRs. - Appeal of the liquidator dismissed. - AT</description>
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    <pubDate>Sat, 19 Aug 2023 10:14:02 +0530</pubDate>
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      <description>Rejection of application of the Liquidator - recoveries of customs duties - invocation of the Bank Guarantee(BG) allowed, during the moratorium period in force under section 14 of IBC. - the customs authorities are not recovering any amount on the basis of assessed customs/import duty, but the issue in the appeal is about invocation of the BG and FDRs. - Appeal of the liquidator dismissed. - AT</description>
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