https://www.taxtmi.com/caselaws?id=437377 Approval of the resolution plan under the Insolvency and Bankruptcy Code made the plan binding on all stakeholders, including the Central Government. Claims not included in the plan stood extinguished, and no proceeding could be continued for the pre-resolution period in respect of such claims. Applying this consequence, and the procedural effect under Rule 22 of the CESTAT Procedure Rules, 1982, the impugned demand order was treated as merged in the resolution outcome. The pending appeal therefore could not survive for adjudication on merits, and the appeal stood abated with the Tribunal functus officio in relation to it. en-us Wed, 19 Apr 2023 00:00:00 +0530 Thu, 04 May 2023 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437377 Approval of the resolution plan under the Insolvency and Bankruptcy Code made the plan binding on all stakeholders, including the Central Government. Claims not included in the plan stood extinguished, and no proceeding could be continued for the pre-resolution period in respect of such claims. Applying this consequence, and the procedural effect under Rule 22 of the CESTAT Procedure Rules, 1982, the impugned demand order was treated as merged in the resolution outcome. The pending appeal therefore could not survive for adjudication on merits, and the appeal stood abated with the Tribunal functus officio in relation to it. Case-Laws Central Excise Wed, 19 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437377