https://www.taxtmi.com/caselaws?id=773712 The HC quashed demand notices for arrear rent, cess, and conversion fees issued against a company post-implementation of its Resolution Plan under IBC, 2016. The court held that claims pertaining to periods prior to the Implementation Date (28.12.2022) which were not submitted during CIRP or included in the approved Resolution Plan stood extinguished in law. Section 31(1) ensures finality in resolution process and enables "clean slate" takeover. The statutory authorities' contention that statutory dues survive beyond CIRP was rejected as contrary to settled legal position. The demand notices violated Section 31 of IBC and lacked legal sanctity. en-us Fri, 20 Jun 2025 00:00:00 +0530 Fri, 27 Jun 2025 08:36:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773712 The HC quashed demand notices for arrear rent, cess, and conversion fees issued against a company post-implementation of its Resolution Plan under IBC, 2016. The court held that claims pertaining to periods prior to the Implementation Date (28.12.2022) which were not submitted during CIRP or included in the approved Resolution Plan stood extinguished in law. Section 31(1) ensures finality in resolution process and enables "clean slate" takeover. The statutory authorities' contention that statutory dues survive beyond CIRP was rejected as contrary to settled legal position. The demand notices violated Section 31 of IBC and lacked legal sanctity. Case-Laws IBC Fri, 20 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773712