https://www.taxtmi.com/caselaws?id=43379 Excise duty arrears for the period before the appointed date under the Sick Textile Undertakings (Nationalisation) Act, 1974 remain liabilities of the former owner and do not transfer to the Central Government, the National Textile Corporation, or a nationalised unit. The Act provides a separate claims process before the Commissioner of Payments under Sections 17 and 20, with payment priorities under Section 21, and its overriding effect under Section 29 does not alter the plain language of Section 5. On that basis, pre-appointed-date liabilities are not enforceable against the successor undertaking. en-us Wed, 23 Sep 1987 00:00:00 +0530 Thu, 17 Jun 2010 16:58:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43379 Excise duty arrears for the period before the appointed date under the Sick Textile Undertakings (Nationalisation) Act, 1974 remain liabilities of the former owner and do not transfer to the Central Government, the National Textile Corporation, or a nationalised unit. The Act provides a separate claims process before the Commissioner of Payments under Sections 17 and 20, with payment priorities under Section 21, and its overriding effect under Section 29 does not alter the plain language of Section 5. On that basis, pre-appointed-date liabilities are not enforceable against the successor undertaking. Case-Laws Central Excise Wed, 23 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43379