https://www.taxtmi.com/caselaws?id=785994 Claims founded on assessment proceedings initiated or revised during the moratorium period under insolvency law are not admissible in CIRP, particularly where they are unsupported by contemporaneous deduction records in the corporate debtor's books. The later assessment cannot fasten liability in the insolvency process because the moratorium bars such proceedings. A duly approved resolution plan will also not be disturbed merely because it provides only a nominal amount for disputed provident fund dues, where the claim was already noted in the information memorandum and considered within the plan framework. The appeal therefore failed and the resolution plan approval was upheld. en-us Fri, 09 Jan 2026 00:00:00 +0530 Wed, 04 Feb 2026 08:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785994 Claims founded on assessment proceedings initiated or revised during the moratorium period under insolvency law are not admissible in CIRP, particularly where they are unsupported by contemporaneous deduction records in the corporate debtor's books. The later assessment cannot fasten liability in the insolvency process because the moratorium bars such proceedings. A duly approved resolution plan will also not be disturbed merely because it provides only a nominal amount for disputed provident fund dues, where the claim was already noted in the information memorandum and considered within the plan framework. The appeal therefore failed and the resolution plan approval was upheld. Case-Laws IBC Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785994