https://www.taxtmi.com/caselaws?id=461692 An approved resolution plan under the Insolvency and Bankruptcy Code, 2016 binds the corporate debtor and stakeholders once sanctioned by the NCLT, and section 238 gives the Code overriding effect over inconsistent laws. On that basis, pending tax proceedings could not continue independently against the appellant, as the outstanding demand was rendered unsustainable in light of the approved insolvency resolution process. The appeal abated and stood disposed of. en-us Tue, 12 Sep 2023 00:00:00 +0530 Tue, 22 Apr 2025 19:03:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461692 An approved resolution plan under the Insolvency and Bankruptcy Code, 2016 binds the corporate debtor and stakeholders once sanctioned by the NCLT, and section 238 gives the Code overriding effect over inconsistent laws. On that basis, pending tax proceedings could not continue independently against the appellant, as the outstanding demand was rendered unsustainable in light of the approved insolvency resolution process. The appeal abated and stood disposed of. Case-Laws Service Tax Tue, 12 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461692