https://www.taxtmi.com/caselaws?id=756612 The SC disposed of the Civil Appeals by applying the precedent set in Ghanshyam Mishra and Sons Pvt. Ltd. vs. Edelweiss Asset Reconstruction Co. Ltd. The respondent-company, having undergone CIRP, had its resolution plan approved without claims from appellants. The appellants' failure to timely claim under IBC Section 31 rendered their demands invalid. The Court noted the absence of claims for relevant Assessment Years and aligned the disposal with established legal principles, leaving the question of law open for future consideration. en-us Thu, 01 Aug 2024 00:00:00 +0530 Tue, 06 Aug 2024 20:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756612 The SC disposed of the Civil Appeals by applying the precedent set in Ghanshyam Mishra and Sons Pvt. Ltd. vs. Edelweiss Asset Reconstruction Co. Ltd. The respondent-company, having undergone CIRP, had its resolution plan approved without claims from appellants. The appellants' failure to timely claim under IBC Section 31 rendered their demands invalid. The Court noted the absence of claims for relevant Assessment Years and aligned the disposal with established legal principles, leaving the question of law open for future consideration. Case-Laws Central Excise Thu, 01 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756612