Liability to be discharged by transferee for non-fulfilment of obligation under advance license by transferor: Madras HC

Integra Garments & Textiles Ltd Vs Union of India (Madras High Court)

Madras High Court held that non-fulfilling obligation under advance license by the transferor doesn’t get extinguish on account of merger/ amalgamation. Such liability has to be discharged by the transferee company.

Facts- The petitioner has challenged the impugned show cause notice dated 28.08.2019 issued by the third respondent seeking to recover Customs duty on the imports made by the petitioner

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