"Preposterous": Kerala High Court on NCLT exceeding jurisdiction in declaring tax assessment of company void

"Such an order only reflects the competence of the persons who are manning such an important Tribunal. The order shows the lack of basic understanding of the law," the Court added.
NCLT Kochi
NCLT Kochi

The Kerala High Court recently criticised the National Company Law Tribunal (NCLT) bench at Kochi for assuming the jurisdiction of the Constitutional Court in declaring as void a tax assessment order issued against a company undergoing liquidation.

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