Madras HC directs customs department to check availability of advance authorization scheme

Czarnikow Group Limited Vs Senior Intelligence Officer (Madras High Court)

Facts- The issue to be decided in the present matter is thus whether the ownership of the asset vests in the petitioner or RS, which in turn, would determine, as a consequence, whether the NCLT is the appropriate forum to adjudicate the petitioner’s prayers, including for re-export, and the prayer of R5 for auction of the asset.

Conclusion-With regard to maintainability in favour of the petitioner it is held

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