https://www.taxtmi.com/caselaws?id=763958 The Tribunal held that the appeals involving the appellant company abate due to the approval of a Resolution Plan under the Insolvency and Bankruptcy Code (IBC) by the NCLT, which resulted in the takeover of the company by M/s Tata Steel Ltd. from Bhushan Steel Ltd. The Tribunal, referencing the Kolkata Bench's decision and Rule 22 of the CESTAT (Procedure) Rules, 1982, concluded that the appeals were rendered infructuous and abated from the date of the Resolution Plan's approval. Consequently, all pending appeals were disposed of as abated. en-us Tue, 17 Dec 2024 00:00:00 +0530 Tue, 31 Dec 2024 22:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763958 The Tribunal held that the appeals involving the appellant company abate due to the approval of a Resolution Plan under the Insolvency and Bankruptcy Code (IBC) by the NCLT, which resulted in the takeover of the company by M/s Tata Steel Ltd. from Bhushan Steel Ltd. The Tribunal, referencing the Kolkata Bench's decision and Rule 22 of the CESTAT (Procedure) Rules, 1982, concluded that the appeals were rendered infructuous and abated from the date of the Resolution Plan's approval. Consequently, all pending appeals were disposed of as abated. Case-Laws Customs Tue, 17 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763958