NAGAMMAI COTTON MILLS vs ASSTT.DIRECTOR

The Supreme Court allowed the appeals, quashing the orders related to past liabilities from April 1, 1990 to September 30, 1992, based on a concession made by the Additional Solicitor General regarding liabilities under a Notification dated March 20, 1995. The Court held that the principle applied to the past liabilities was consistent and should extend to earlier periods. The ruling emphasized that while past liabilities were quashed, the Government retains the right to address future liabilities under the law.