NCLT orders refund of IT dues to Cox & Kings
Mint Mumbai|November 09, 2023
The order came in response to a plea filed by the liquidator of the firm
Priyanka Gawande
NCLT orders refund of IT dues to Cox & Kings

The Mumbai bench of the National Company Law Tribunal (NCLT) has directed the income tax department to refund 11.89 crore to insolvent travel firm Cox & Kings.

“We direct the income tax department to refund the amount of 11.89 crore adjusted by them towards outstanding dues of the corporate debtor (Cox & Kings) within four weeks from the date of receipt of the order," said a bench led by Justice Lakshmi Gurung in an order issued on 1 November but uploaded on the official website on Tuesday.

The order comes in response to a plea filed by the liquidator of the company.

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