https://www.taxtmi.com/caselaws?id=423472 Resolution-plan approval under the Insolvency and Bankruptcy Code gives finality to claims included in the plan and extinguishes pre-CIRP statutory dues that were neither lodged during CIRP nor incorporated in the approved plan. Statutory authorities therefore cannot continue recovery demands for periods preceding insolvency commencement. In contrast, proceedings under the Maharashtra Tenancy and Agricultural Land Act concerning alleged breach of land-purchase conditions enforce independent statutory obligations rather than financial or operational debt recovery. Such regulatory proceedings remain maintainable despite the insolvency moratorium or approval of a resolution plan. The distinction preserves resolution-plan finality while allowing enforcement of separate statutory conditions. en-us Fri, 03 Jun 2022 00:00:00 +0530 Tue, 07 Jun 2022 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423472 Resolution-plan approval under the Insolvency and Bankruptcy Code gives finality to claims included in the plan and extinguishes pre-CIRP statutory dues that were neither lodged during CIRP nor incorporated in the approved plan. Statutory authorities therefore cannot continue recovery demands for periods preceding insolvency commencement. In contrast, proceedings under the Maharashtra Tenancy and Agricultural Land Act concerning alleged breach of land-purchase conditions enforce independent statutory obligations rather than financial or operational debt recovery. Such regulatory proceedings remain maintainable despite the insolvency moratorium or approval of a resolution plan. The distinction preserves resolution-plan finality while allowing enforcement of separate statutory conditions. Case-Laws Insolvency and Bankruptcy Fri, 03 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423472