GST demand for old unpaid dues of Binani Cement against Ultra Tech was unsustainable

Ultra Tech Nathdwara Cement Ltd. Vs Union of India (Rajasthan High Court) Conclusion: The purpose of the statute is very clear that it intends to revive the dying industry by providing an opportunity to a resolution applicant to take over the same and begin the operation on a clean slate.  The courts are given an extremely limited power of judicial review into the resolution plan duly approved by the COC. Therefore, the issuing of notices by Goods and Service Tax (GST) Department of Rajasthan for all the old unpaid dues of Binani Cement  would be acting in a totally illegal and arbitrary man...