https://www.taxtmi.com/caselaws?id=463849 HC held that once a resolution plan approved by the NCLT has been sanctioned under the Code, the resolution applicant takes a clean slate and cannot be saddled with undeclared or surprise claims. Proceedings or assessment orders arising prior to or consequent on the corporate debtor's dissolution cannot be enforced against the resolution applicant after plan approval. Accordingly, the impugned assessment order and consequential proceedings against the dissolved company were held not enforceable following approval of the resolution plan. en-us Fri, 04 Nov 2022 00:00:00 +0530 Thu, 18 Sep 2025 19:36:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463849 HC held that once a resolution plan approved by the NCLT has been sanctioned under the Code, the resolution applicant takes a clean slate and cannot be saddled with undeclared or surprise claims. Proceedings or assessment orders arising prior to or consequent on the corporate debtor's dissolution cannot be enforced against the resolution applicant after plan approval. Accordingly, the impugned assessment order and consequential proceedings against the dissolved company were held not enforceable following approval of the resolution plan. Case-Laws Income Tax Fri, 04 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463849