https://www.taxtmi.com/caselaws?id=776819 Once a resolution plan is approved under the Insolvency and Bankruptcy Code, claims relating to the covered period that were raised, or could have been raised, in the insolvency resolution process cannot be pursued separately. The provident fund authority had already lodged the relevant claim before the resolution professional, and the later Section 7A determination related to the same period. The Court treated the approved plan as binding on the corporate debtor and all stakeholders, including statutory authorities, and held that the subsequent demand was impermissible and unsustainable. en-us Thu, 24 Jul 2025 00:00:00 +0530 Wed, 20 Aug 2025 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776819 Once a resolution plan is approved under the Insolvency and Bankruptcy Code, claims relating to the covered period that were raised, or could have been raised, in the insolvency resolution process cannot be pursued separately. The provident fund authority had already lodged the relevant claim before the resolution professional, and the later Section 7A determination related to the same period. The Court treated the approved plan as binding on the corporate debtor and all stakeholders, including statutory authorities, and held that the subsequent demand was impermissible and unsustainable. Case-Laws IBC Thu, 24 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776819