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    Pre-CIRP security deposit adjustment and finality of an approved resolution plan barred reopening settled claims.
    Limited interference with resolution plans where claims remain disputed and contingent; recall of an implemented plan was refused.
    Limitation under the Insolvency Code runs from pronouncement, and delay beyond the outer condonable period cannot be excused.
    Master Agreement empowered co-developers to execute registration deeds for allottees in the completed project.
    Section 7 insolvency filings upheld on authorisation, financial debt, and failure to prove fraudulent initiation.
    IBC clean slate principle bars recovery of pre-CIRP electricity dues after resolution plan approval.
    Pre-existing dispute failed where emails and cheques acknowledged liability; insolvency admission followed despite a section 10A objection.
    Pre-pack insolvency valuation rules tightened with fixed timelines, stricter valuer disqualifications, and revised fair and liquidation value methods.
    MSME liquidation valuation rules tightened with one registered valuer per asset class, subject to recorded reasons for two valuers.
    MSME insolvency valuation rules amended to require one set of registered valuers unless the committee records reasons for two sets.
    Moratorium under insolvency law bars lease termination and eviction of a corporate debtor during CIRP
    IBC resolution timelines prevail where unexplained post-remand delay by the resolution professional and creditors justifies liquidation.
    Fraudulent trading and diverted sale proceeds sustained, but direct SFIO investigation set aside for lack of authority.
    Preferential mortgage and late perfection of security interest were rejected, sustaining avoidance under insolvency law.
    Pre-existing dispute bars insolvency admission where performance, quality and termination of work orders remain genuinely contested.
    Nature of debt under IBC requires fuller scrutiny before rejecting a Section 7 application on maintainability.
    Operational debt under contract survives despite missing invoices; no real pre-existing dispute blocked Section 9 insolvency proceedings.
    Finality of rehabilitation orders bars reopened tax exemption claims where the State expressly refused consent to the concession clause.
    Cash collateral adjustment does not erase default; Section 7 insolvency application restored for fresh consideration.
    Recall of merits order rejected where party participated; limitation under IBC not saved by belated recall or writ proceedings.
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Acts Income Tax