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    <title>2025 (12) TMI 1555 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>In a challenge concerning rejection of a statutory dues claim in a CIRP, the NCLAT accepted a consensual resolution after the total CST liability for the relevant assessment years was quantified at Rs. 35,55,420/-. Applying the settlement mechanism under clause 8.3.3 of the approved resolution plan, the successful resolution applicant agreed to pay 0.5% of the quantified amount (Rs. 17,777/-) in full and final settlement, and the claimant authority agreed, on instructions, to waive any further claims or objections. With the resolution professional supporting this pragmatic course, the appeal was disposed of on the basis of consent.</description>
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      <link>https://www.taxtmi.com/caselaws?id=784015</link>
      <description>In a challenge concerning rejection of a statutory dues claim in a CIRP, the NCLAT accepted a consensual resolution after the total CST liability for the relevant assessment years was quantified at Rs. 35,55,420/-. Applying the settlement mechanism under clause 8.3.3 of the approved resolution plan, the successful resolution applicant agreed to pay 0.5% of the quantified amount (Rs. 17,777/-) in full and final settlement, and the claimant authority agreed, on instructions, to waive any further claims or objections. With the resolution professional supporting this pragmatic course, the appeal was disposed of on the basis of consent.</description>
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