https://www.taxtmi.com/caselaws?id=774919 Approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016 binds stakeholders and gives the successful resolution applicant a clean slate for the corporate debtor. Pre-existing GST claims and show-cause proceedings relating to periods before approval cannot be enforced after the plan is approved if they were not part of the resolved claims in the plan. The Allahabad HC therefore held that fresh or belated tax demands for pre-resolution periods are inconsistent with the finality of the resolution process, and the assessment order and notice were quashed. en-us Wed, 09 Jul 2025 00:00:00 +0530 Wed, 16 Jul 2025 08:17:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774919 Approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016 binds stakeholders and gives the successful resolution applicant a clean slate for the corporate debtor. Pre-existing GST claims and show-cause proceedings relating to periods before approval cannot be enforced after the plan is approved if they were not part of the resolved claims in the plan. The Allahabad HC therefore held that fresh or belated tax demands for pre-resolution periods are inconsistent with the finality of the resolution process, and the assessment order and notice were quashed. Case-Laws GST Wed, 09 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774919