SC dismisses appeal on Rs. 2 crore tax dues against insolvent company, leaving legal questions open for future cases

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....The SC disposed of the Civil Appeal concerning outstanding dues and taxes claimed against a respondent-company now in liquidation. It was acknowledged that the company lacks funds to satisfy the revenue demand, a fact previously recognized by the Court. Given the limited tax amount involved, approximately Rs. 2 crore, and the company's insolvency status, the Court declined to adjudicate the substantive legal question. The appeal was disposed of without prejudice, expressly leaving the question of law open for determination in a future appropriate proceeding.....