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    <title>2021 (11) TMI 951 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>The Tribunal affirmed the Adjudicating Authority&#039;s decision, upholding the approval and compliance of the Resolution Plan under the Insolvency and Bankruptcy Code. It rejected the Income Tax Department&#039;s post-approval demands, denied waivers for statutory dues, and upheld the validity of demands for assessment years 2012-13 and 2013-14. The Tribunal also supported the imposition of costs by the Adjudicating Authority, dismissing the appeal and emphasizing the need for proper procedures in addressing statutory dues and related matters.</description>
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      <description>The Tribunal affirmed the Adjudicating Authority&#039;s decision, upholding the approval and compliance of the Resolution Plan under the Insolvency and Bankruptcy Code. It rejected the Income Tax Department&#039;s post-approval demands, denied waivers for statutory dues, and upheld the validity of demands for assessment years 2012-13 and 2013-14. The Tribunal also supported the imposition of costs by the Adjudicating Authority, dismissing the appeal and emphasizing the need for proper procedures in addressing statutory dues and related matters.</description>
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