https://www.taxtmi.com/caselaws?id=773616 The Tribunal dismissed appeals challenging demands after the NCLT approved a Resolution Plan under Section 31(1) of the IBC. Following the SC precedent in Ghanashyam Mishra, the Tribunal held that claims not included in an approved Resolution Plan are extinguished and no proceedings can continue regarding such claims. The appeals could not survive post-approval as the demands stood frozen and binding on all stakeholders including government authorities. The Resolution Professional's withdrawal did not affect the finality of the approved plan or revive the extinguished claims. en-us Fri, 20 Jun 2025 00:00:00 +0530 Thu, 26 Jun 2025 08:35:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773616 The Tribunal dismissed appeals challenging demands after the NCLT approved a Resolution Plan under Section 31(1) of the IBC. Following the SC precedent in Ghanashyam Mishra, the Tribunal held that claims not included in an approved Resolution Plan are extinguished and no proceedings can continue regarding such claims. The appeals could not survive post-approval as the demands stood frozen and binding on all stakeholders including government authorities. The Resolution Professional's withdrawal did not affect the finality of the approved plan or revive the extinguished claims. Case-Laws Service Tax Fri, 20 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773616