Approved IBC Resolution Plan completely freezes past liabilities, barring the Revenue from issuing Section 148 reassessment notices.
Approved IBC Resolution Plan completely freezes past liabilities, barring the Revenue from issuing Section 148 reassessment notices. Issue Whether the Revenue can legally issue a reassessment notice under Section 148 or pass an order under Section 148A(d) for a period prior to the approval of a Resolution Plan under the Insolvency and Bankruptcy Code, 2016… Read More »