Statutory dues against corporate debtor could be recovered only under IBC and not from action purchasers

East India Enterprise Thro Proprietor Rajeshbhai Bholabhai Ramani Vs Ministry of Finance (Gujrat High Court) Conclusion: Statutory dues, which came within the meaning of ‘operational debt’, could be claimed against the Corporate Debtor only under the provisions of the IB Code and not under any other law.  Assessee  was diercted to make payment of the statutory dues from the date of purchase of the subject vehicles by assessees, which would be made subject to other proceedings in relation to the said vehicles since assessees, being the auction purchasers, could not be asked to make paymen...