COMMISSIONER OF INCOME-TAX, ERNAKULAM (KERALA) v. THE OFFICIAL LIQUIDATOR, PALAI CENTRAL BANK LTD. (IN LIQUIDATION)

Citation: [1985] 1 S.C.R. 971

Court: Supreme Court of India

Bench: V.D. TULZAPURKAR, V. BALAKRISHNA ERADI, D.P. MADON

Case summary

Thereafter, at the instance of the revenue, the Tribunal refer· red the following question of law to the High Court of Kerala for its opinion : . The Tribunal held that in the hands of the liquidator, there is only one integral fund which could not be split up into share...

Judgment text

Thereafter, at the instance of the revenue, the Tribunal refer· red the following question of law to the High Court of Kerala for its opinion : . The Tribunal held that in the hands of the liquidator, there is only one integral fund which could not be split up into share...