Court Affirms New Owners' Rights: Previous Owner's Registration Lapses Don't Block Subsequent Central Excise Registration.

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....Merely because erstwhile owner though it had ceased to carry on business on the premises in question, had failed to apply for de-registration and/or cancellation of the Registration Certificate and/or the department has not de-registered and/or cancelled the Registration Certificate issued in favour of the erstwhile owner, the same is no ground to deny Central Excise Registration to the subsequent purchaser-lessees - HC....