In Brief
The Commissioner of Central Excise appealed against a company in liquidation to recover an alleged excise debt. The Supreme Court found that the respondent company had nearly disposed of all its assets, with only Rs. 6,10,393.33 remaining with the official liquidator. The Court held that because the company was insolvent and unable to pay any judgment debt, it would be impractical to decide the case's merits. The appeal was dismissed, leaving the legal question undecided.
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