https://www.taxtmi.com/caselaws?id=410812 Claims not dealt with in an approved resolution plan were treated as extinguished on approval under the Insolvency and Bankruptcy Code, applying the fresh slate principle and barring separate enforcement against the corporate debtor. The tribunal held that the tax demand covered by the plan stood extinguished in favour of the applicant. The separate claim for refund of assessed amounts with interest for earlier assessment years was not granted and was rejected. The application therefore succeeded only to the extent that the covered demand ceased to survive, while monetary refund relief was declined. en-us Fri, 30 Jul 2021 00:00:00 +0530 Mon, 09 Aug 2021 16:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410812 Claims not dealt with in an approved resolution plan were treated as extinguished on approval under the Insolvency and Bankruptcy Code, applying the fresh slate principle and barring separate enforcement against the corporate debtor. The tribunal held that the tax demand covered by the plan stood extinguished in favour of the applicant. The separate claim for refund of assessed amounts with interest for earlier assessment years was not granted and was rejected. The application therefore succeeded only to the extent that the covered demand ceased to survive, while monetary refund relief was declined. Case-Laws Insolvency and Bankruptcy Fri, 30 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410812