The committee, set up on July 24, recently submitted its report to Finance and Planning Minister Mahadeo Shivankar, who will take a decision on its recommendations.

The committee has said the new body should be headed by a former high court judge or former principal secretary of the state government. It said cases involving minimum dues of Rs 1 lakh should be referred to the body as well as those in which a business has suffered losses due to natural calamities. The body should also consider cases pending before the Board of Industrial and Financial Reconstruction. The committee has also recommended imposition of a condition on these tax payers: they should pay a minimum 20 per cent of their dues.