Supreme Court Allows Purchaser's Appeal in Sugar Mill Slump Sale Dispute — Pre-Sale Statutory Dues Held to be Seller's Liability. Accrued liabilities for duty, penalty, and interest arising before the signing date are not contingent liabilities and must be borne by the seller under Clause 9 of the sale deed.
21 Mar 2022The Supreme Court allowed the appeals filed by Wave Industries Pvt. Ltd. against the State of Uttar Pradesh and the U.P. State Sugar Corporation (UPSS...






