Composite demand notices after resolution plan approval cannot cover pre-resolution claims, but fresh post-resolution proceedings may continue.

A composite demand notice covering both pre-resolution and post-resolution periods could not be sustained after approval of the resolution plan, because claims falling within the pre-resolution period were affected by the plan. The demand notice was quashed and set aside in its composite form, but the authorities were left free to issue a fresh notice and make an assessment only for dues, if any, arising after approval of the resolution plan.

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Issues: Whether a composite demand notice covering periods before and after approval of the resolution plan could be sustained, and whether the notice was liable to be quashed while leaving it open to the authorities to proceed afresh for the post-resolution period.

Analysis: The demand notice related to a period both prior to and subsequent to approval of the resolution plan. In view of the effect of the approved resolution plan on claims covered by the pre-resolution period, the demand could not survive in its composite form. The Court accepted that the authorities could proceed separately in respect of dues, if any, attributable to the period after approval of the resolution plan.

Conclusion: The demand notice was quashed and set aside. The respondents were permitted to issue a fresh notice and make assessment only for the period subsequent to approval of the resolution plan.

Final Conclusion: The petition succeeded in relation to the impugned composite demand notice, while leaving the authorities free to take fresh proceedings confined to post-resolution dues.

Ratio Decidendi: A demand notice covering both pre-resolution and post-resolution periods cannot be sustained as a composite claim once a resolution plan has been approved, though separate proceedings may still be initiated for liabilities arising after such approval.

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