https://www.taxtmi.com/caselaws?id=766072 CESTAT Chandigarh disposed of an appeal concerning CENVAT credit recovery and manufacturing process determination after the appellant corporate debtor underwent liquidation proceedings. During the appeal's pendency, an operational creditor filed an application under Section 9 of IBC 2016 before NCLT, leading to Corporate Insolvency Resolution Process and subsequent liquidation. NCLT Chandigarh appointed a liquidator who realized and distributed assets among stakeholders following prescribed regulations. The appeal abated under Rule 22 of CESTAT (Procedure) Rules 1982 due to the appellant's dissolution by NCLT order dated 04.06.2024, rendering continuation of proceedings impossible. en-us Fri, 07 Feb 2025 00:00:00 +0530 Tue, 18 Feb 2025 08:10:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766072 CESTAT Chandigarh disposed of an appeal concerning CENVAT credit recovery and manufacturing process determination after the appellant corporate debtor underwent liquidation proceedings. During the appeal's pendency, an operational creditor filed an application under Section 9 of IBC 2016 before NCLT, leading to Corporate Insolvency Resolution Process and subsequent liquidation. NCLT Chandigarh appointed a liquidator who realized and distributed assets among stakeholders following prescribed regulations. The appeal abated under Rule 22 of CESTAT (Procedure) Rules 1982 due to the appellant's dissolution by NCLT order dated 04.06.2024, rendering continuation of proceedings impossible. Case-Laws Central Excise Fri, 07 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766072