https://www.taxtmi.com/caselaws?id=768965 Rule 22 of the CESTAT (Procedure) Rules, 1982 provides that an appeal abates when a party undergoes insolvency resolution or, in the case of a company, winding up, unless an application for continuance is made by or against the successor-in-interest within the prescribed time, extendable for sufficient cause. The article states that once a resolution plan is approved and a successor-in-interest comes into place, continuation of the appeal depends on a proper continuance application. Where no such application is filed by the successor-in-interest or the insolvency resolution professional, the appeal abates by operation of rule and the Tribunal cannot proceed further. en-us Wed, 25 Sep 2024 00:00:00 +0530 Thu, 17 Apr 2025 08:37:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768965 Rule 22 of the CESTAT (Procedure) Rules, 1982 provides that an appeal abates when a party undergoes insolvency resolution or, in the case of a company, winding up, unless an application for continuance is made by or against the successor-in-interest within the prescribed time, extendable for sufficient cause. The article states that once a resolution plan is approved and a successor-in-interest comes into place, continuation of the appeal depends on a proper continuance application. Where no such application is filed by the successor-in-interest or the insolvency resolution professional, the appeal abates by operation of rule and the Tribunal cannot proceed further. Case-Laws Central Excise Wed, 25 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768965