https://www.taxtmi.com/caselaws?id=771635 CESTAT Chandigarh disposed of an appeal as abated following approval of a resolution plan by NCLT. The case involved a miscellaneous application under Section 35B of Central Excise Act, 1944 concerning duty demand on blended yarn clearance, Cenvat Credit availment, and management change. The Tribunal followed precedents from Mumbai and Hyderabad benches, ruling that CESTAT becomes functus officio once NCLT approves resolution plans, rendering the appeal abated. Both the main appeal and miscellaneous application were disposed of accordingly. en-us Tue, 20 May 2025 00:00:00 +0530 Thu, 29 May 2025 08:41:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771635 CESTAT Chandigarh disposed of an appeal as abated following approval of a resolution plan by NCLT. The case involved a miscellaneous application under Section 35B of Central Excise Act, 1944 concerning duty demand on blended yarn clearance, Cenvat Credit availment, and management change. The Tribunal followed precedents from Mumbai and Hyderabad benches, ruling that CESTAT becomes functus officio once NCLT approves resolution plans, rendering the appeal abated. Both the main appeal and miscellaneous application were disposed of accordingly. Case-Laws Central Excise Tue, 20 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771635