NCLAT allowed the appeal by the resolution professional and...

NCLAT allowed the appeal by the resolution professional and declared unenforceable demands made under Sections 7A, 7Q and 14B which arose from assessment proceedings initiated after commencement of the CIRP moratorium. The Tribunal held that assessment and demand proceedings commenced during the moratorium cannot be continued or enforced against the corporate debtor; accordingly the claim based on the post-moratorium inspection and the subsequent orders was rejected and the interlocutory application seeking admission of that claim was dismissed. Direction issued that such post-moratorium demands are not enforceable against the corporate debtor, and the resolution professional's challenge succeeded.