https://www.taxtmi.com/caselaws?id=447817 The court acknowledged the ongoing Corporate Insolvency Resolution Process for respondent no. 2 before the NCLT and the operational moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016. Given these circumstances, the court found it unnecessary to proceed with the writ petition filed by the petitioner/revenue regarding the rejection of their claim by the Resolution Professional. The petition was closed, allowing the petitioner the option to revisit the court based on the outcome of the NCLT proceedings. Parties were directed to follow the digitally signed order for compliance. en-us Tue, 12 Dec 2023 00:00:00 +0530 Fri, 05 Jan 2024 08:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447817 The court acknowledged the ongoing Corporate Insolvency Resolution Process for respondent no. 2 before the NCLT and the operational moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016. Given these circumstances, the court found it unnecessary to proceed with the writ petition filed by the petitioner/revenue regarding the rejection of their claim by the Resolution Professional. The petition was closed, allowing the petitioner the option to revisit the court based on the outcome of the NCLT proceedings. Parties were directed to follow the digitally signed order for compliance. Case-Laws Income Tax Tue, 12 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447817