https://www.taxtmi.com/caselaws?id=779383 SC dismissed the appeal and upheld the NCLAT order of 09.07.2025, finding no grounds to recall approval of the resolution plan. The court agreed the plan was implemented and complied with Section 30(2) of the IBC and Regulations 37-38 of the CIRP Regulations, 2016, and was not reversible on the present facts. The decision left intact the waterfall distribution mechanism and the approach to recovery of statutory tax dues under Section 53 of the IBC. en-us Tue, 23 Sep 2025 00:00:00 +0530 Mon, 06 Oct 2025 09:10:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779383 SC dismissed the appeal and upheld the NCLAT order of 09.07.2025, finding no grounds to recall approval of the resolution plan. The court agreed the plan was implemented and complied with Section 30(2) of the IBC and Regulations 37-38 of the CIRP Regulations, 2016, and was not reversible on the present facts. The decision left intact the waterfall distribution mechanism and the approach to recovery of statutory tax dues under Section 53 of the IBC. Case-Laws Central Excise Tue, 23 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779383