Opportunity to respond to jurisdictional reports is mandatory before customs settlement duty enhancement; connected applications require consistent ad...
Specific customs headings for scaffolding components prevail over general classification, invalidating misclassification proceedings and enabling with...
Liquidator appointment under Section 34 requires consideration of creditor recommendations, valid professional authorisation, and preservation of vali...
Income-tax exemption for specified regulatory fees and government grants applies subject to non-commercial activity and continuing compliance conditio...
Digital accessibility audit and remediation deadlines extended, while all other disability-compliance obligations for regulated entities remain unchan...
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The HC dismissed the petition filed by the petitioner against the respondent authority's pre-approval show-cause and demand orders under the GVAT, holding that those statutory claims arose prior to the NCLT's approval of the resolution plan on 04.10.2024. Applying the governing jurisprudence, the court held that statutory dues not included in an approved resolution plan are extinguished upon adjudicating authority's approval under Section 31 of the IBC, and no proceedings in respect of such pre-approval claims may be continued. Consequently the petitioner's challenge to the impugned pre-approval demand orders was not entertained and the petition was disposed of.
The HC dismissed the petition filed by the petitioner against the respondent authority's pre-approval show-cause and demand orders under the GVAT, holding that those statutory claims arose prior to the NCLT's approval of the resolution plan on 04.10.2024. Applying the governing jurisprudence, the court held that statutory dues not included in an approved resolution plan are extinguished upon adjudicating authority's approval under Section 31 of the IBC, and no proceedings in respect of such pre-approval claims may be continued. Consequently the petitioner's challenge to the impugned pre-approval demand orders was not entertained and the petition was disposed of.
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