Supreme Court Prioritizes Secured Creditors over Customs Dues in Company Liquidation: IDBI vs. Superintendent of Central Excise (2023)
Supreme Court Prioritizes Secured Creditors over Customs Dues in Company Liquidation: IDBI vs. Superintendent of Central Excise (2023) LEGAL ISSUE: Whether secured creditors have priority over customs authorities in recovering dues from the sale of a company’s assets during liquidation. CASE TYPE: Company Law, Insolvency Case Name: Industrial Development Bank of India vs. Superintendent of […]