https://www.taxtmi.com/caselaws?id=394362 HC ruled that GST recovery demands against a company under approved resolution plan were illegal and arbitrary. The court held that Section 31 of IBC makes resolution plans binding on Central and State governments, including tax authorities. Once COC approves a resolution plan, it creates a clean slate for the company's revival, and statutory dues existing before the plan's finalization fall within the resolution professional's exclusive domain. The department's demand notices for pre-resolution period dues were quashed as they violated the binding nature of the approved resolution plan. en-us Tue, 07 Apr 2020 00:00:00 +0530 Mon, 17 Mar 2025 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394362 HC ruled that GST recovery demands against a company under approved resolution plan were illegal and arbitrary. The court held that Section 31 of IBC makes resolution plans binding on Central and State governments, including tax authorities. Once COC approves a resolution plan, it creates a clean slate for the company's revival, and statutory dues existing before the plan's finalization fall within the resolution professional's exclusive domain. The department's demand notices for pre-resolution period dues were quashed as they violated the binding nature of the approved resolution plan. Case-Laws GST Tue, 07 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394362