Unclaimed Pre-Approval Income Tax Demands Extinguish Upon NCLT Approval of Resolution Plan Under IBC
Unclaimed Pre-Approval Income Tax Demands Extinguish Upon NCLT Approval of Resolution Plan Under IBC Issue Whether income tax demand notices issued under Section 156 in respect of claims not included in an NCLT-approved resolution plan under the Insolvency and Bankruptcy Code, 2016 are sustainable in law. Facts Resolution Plan Approval: The petitioner’s resolution plan was… Read More »