https://www.taxtmi.com/caselaws?id=411484 Approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016, in conformity with section 30(2) and the CIRP Regulations, binds the corporate debtor, creditors and governmental authorities under section 31(1). Pre-approval liabilities and proceedings covered by the plan stand extinguished, so an appeal based on a claim arising before approval does not survive for adjudication. The approved plan therefore brings finality to the covered claims and bars continuation of proceedings within its scope. en-us Mon, 23 Aug 2021 00:00:00 +0530 Thu, 26 Aug 2021 08:49:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411484 Approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016, in conformity with section 30(2) and the CIRP Regulations, binds the corporate debtor, creditors and governmental authorities under section 31(1). Pre-approval liabilities and proceedings covered by the plan stand extinguished, so an appeal based on a claim arising before approval does not survive for adjudication. The approved plan therefore brings finality to the covered claims and bars continuation of proceedings within its scope. Case-Laws Customs Mon, 23 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411484