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DGFT Foreign Trade Policy Foreign Trade Policy (wef 05/12/2017) 2.15A

2.15A

National Company Law Tribunal (NCLT)

Any firm / company coming under the adjudication proceedings before the National Company Law Tribunal (NCLT) shall inform the concerned Regional Authority (RA) and NCLT of any outstanding export obligations/liabilities under any of the schemes under FTP. The total outstanding duty saved amount / dues along with interest, and any penalty imposed under FTD&R Act, or any other dues, shall be counted as part of the dues to the government against the said firm / company.

(Above para 2.15A has been added vide NOTIFICATION NO. 25/2019, DT. 18/10/2019)

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