https://www.taxtmi.com/caselaws?id=751989 The Telangana HC quashed orders issued under Section 73 of SGST/CGST Act 2017 challenging extinguishment of liability acquired through auction purchase. The court relied on SC precedent in Ghanashyam Mishra case, holding that once NCLT approves a resolution plan under Section 31, all claims become frozen and binding on all stakeholders including government authorities. The HC ruled that the tax authority lacked jurisdiction to issue demand orders post-resolution plan approval, setting aside the impugned orders and allowing the writ petitions. en-us Thu, 22 Feb 2024 00:00:00 +0530 Sat, 03 May 2025 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751989 The Telangana HC quashed orders issued under Section 73 of SGST/CGST Act 2017 challenging extinguishment of liability acquired through auction purchase. The court relied on SC precedent in Ghanashyam Mishra case, holding that once NCLT approves a resolution plan under Section 31, all claims become frozen and binding on all stakeholders including government authorities. The HC ruled that the tax authority lacked jurisdiction to issue demand orders post-resolution plan approval, setting aside the impugned orders and allowing the writ petitions. Case-Laws GST Thu, 22 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751989