While allowing a Writ Petition, the Kerala High Court bench of Justice Dinesh Kumar Singh recently observed that an Order passed by the National Company Law Tribunal ( NCLT ) Kochi Bench was.
The article discusses the Priority of Government Dues with reference to two judgments, State Tax Officer v. Rainbow Papers Ltd and Paschimanchal Vidyut Vitran Nigam Ltd. v. Raman Ispat Pvt. Ltd.
In the midst of the ever-evolving Indian insolvency regime and post the catastrophic pandemic, the Honorable Supreme Court (“SC”) in the case of State…