https://www.taxtmi.com/caselaws?id=393521 The Tribunal directed the GST Department to detach the properties of the Corporate Debtor, including "Finished Goods" and raw materials, and activate the GST No. The Tribunal emphasized the overriding effect of the Insolvency and Bankruptcy Code (IBC) over other laws, stating that the IBC prevails during the moratorium period. It ruled that the IBC supersedes the GST Acts, ordering the release of the Corporate Debtor's assets to facilitate the Insolvency Resolution Process. The Tribunal clarified its jurisdiction to prevent legal proceedings and asset attachments during the Corporate Insolvency Resolution Process, highlighting the need for an uninterrupted resolution process. en-us Mon, 20 Jan 2020 00:00:00 +0530 Wed, 18 Mar 2020 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393521 The Tribunal directed the GST Department to detach the properties of the Corporate Debtor, including "Finished Goods" and raw materials, and activate the GST No. The Tribunal emphasized the overriding effect of the Insolvency and Bankruptcy Code (IBC) over other laws, stating that the IBC prevails during the moratorium period. It ruled that the IBC supersedes the GST Acts, ordering the release of the Corporate Debtor's assets to facilitate the Insolvency Resolution Process. The Tribunal clarified its jurisdiction to prevent legal proceedings and asset attachments during the Corporate Insolvency Resolution Process, highlighting the need for an uninterrupted resolution process. Case-Laws Insolvency and Bankruptcy Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393521