https://www.taxtmi.com/caselaws?id=784952 Approval of a resolution plan under the Insolvency and Bankruptcy Code extinguishes employee and workmen claims not included in the plan, and such excluded liabilities cannot be pursued against the successful resolution applicant. Applying the overriding effect of the Code and the clean slate principle, the Bombay High Court noted that the plan expressly wrote off claims outside the approved scheme, so pending industrial reference proceedings and the employee's claim for reinstatement and related dues could not continue. The excluded claims and the pending dispute therefore did not survive after plan approval. en-us Mon, 12 Jan 2026 00:00:00 +0530 Wed, 27 May 2026 13:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784952 Approval of a resolution plan under the Insolvency and Bankruptcy Code extinguishes employee and workmen claims not included in the plan, and such excluded liabilities cannot be pursued against the successful resolution applicant. Applying the overriding effect of the Code and the clean slate principle, the Bombay High Court noted that the plan expressly wrote off claims outside the approved scheme, so pending industrial reference proceedings and the employee's claim for reinstatement and related dues could not continue. The excluded claims and the pending dispute therefore did not survive after plan approval. Case-Laws Indian Laws Mon, 12 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784952