https://www.taxtmi.com/caselaws?id=425940 The Court, relying on legal precedents, including Whirlpool Corporation v. Registrar of Trade Marks, upheld its plenary power under Article 226 of the Constitution to entertain the writ petition challenging the Order-in-Original post-approval of the resolution plan by NCLT. The demand of Rs. 23.53 crores along with penalty and interest was found extinguished as per the Ghanshyam Mishra judgment. The Court ruled in favor of the petitioner, quashing the impugned order and closing the pending application, with parties bearing their own costs. en-us Thu, 21 Jul 2022 00:00:00 +0530 Thu, 04 Aug 2022 08:33:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425940 The Court, relying on legal precedents, including Whirlpool Corporation v. Registrar of Trade Marks, upheld its plenary power under Article 226 of the Constitution to entertain the writ petition challenging the Order-in-Original post-approval of the resolution plan by NCLT. The demand of Rs. 23.53 crores along with penalty and interest was found extinguished as per the Ghanshyam Mishra judgment. The Court ruled in favor of the petitioner, quashing the impugned order and closing the pending application, with parties bearing their own costs. Case-Laws Insolvency and Bankruptcy Thu, 21 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425940