https://www.taxtmi.com/highlights?id=75202 Approval of Resolution Plan - Whether the treatment of Income Tax dues in the Resolution Plan where they have been treated as Operational Creditor and offered only Rs. 10 Lacs violates the provision of sub-section (2) of Section 30? - The NCLAT held that, there is no violation of provisions of subsection (2) of Section 30 of the Code with regard to dues of the Income Tax Department. en-us Tue, 27 Feb 2024 08:43:54 +0530 Tue, 27 Feb 2024 08:43:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75202 Approval of Resolution Plan - Whether the treatment of Income Tax dues in the Resolution Plan where they have been treated as Operational Creditor and offered only Rs. 10 Lacs violates the provision of sub-section (2) of Section 30? - The NCLAT held that, there is no violation of provisions of subsection (2) of Section 30 of the Code with regard to dues of the Income Tax Department. Highlights Insolvency and Bankruptcy Tue, 27 Feb 2024 08:43:54 +0530 https://www.taxtmi.com/highlights?id=75202