Saraf and Partners successfully represented Jaiprakash Associates Limited (“JAL”) (now known as Adani Infrastructure Integrated Solutions Limited) before the Delhi High Court in Jaiprakash Associates Limited v. The Office of the Commissioner of Customs Air Cargo Complex Import (2026:DHC:7356-
By its judgment dated 2 September 2026, a Division Bench comprising Hon’ble Mr. Justice Anil Kshetrapal and Hon’ble Ms. Justice Shail Jain allowed JAL’s writ petition and quashed the Customs Authority’s order confirming differential customs duty, interest and penalty arising from a transaction predating JAL’s Corporate Insolvency Resolution Process (“CIRP”).
The judgment firmly reinforces a fundamental safeguard under…