https://www.taxtmi.com/caselaws?id=786773 Initiation of corporate insolvency resolution process (CIRP) and the statutory moratorium under the Insolvency and Bankruptcy Code prevent continuation of appellate proceedings; accordingly the Tribunal treated the pending appeals as infructuous. The analysis emphasises that an approved resolution plan becomes binding on the corporate debtor and stakeholders and that the Code has overriding effect over inconsistent laws, with claims outside an approved plan effectively extinguished. The decision permits parties to seek revival of proceedings if the resolution plan is not approved or on conclusion of CIRP subject to applicable limitation principles. en-us Mon, 27 Oct 2025 00:00:00 +0530 Thu, 19 Feb 2026 07:58:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786773 Initiation of corporate insolvency resolution process (CIRP) and the statutory moratorium under the Insolvency and Bankruptcy Code prevent continuation of appellate proceedings; accordingly the Tribunal treated the pending appeals as infructuous. The analysis emphasises that an approved resolution plan becomes binding on the corporate debtor and stakeholders and that the Code has overriding effect over inconsistent laws, with claims outside an approved plan effectively extinguished. The decision permits parties to seek revival of proceedings if the resolution plan is not approved or on conclusion of CIRP subject to applicable limitation principles. Case-Laws Income Tax Mon, 27 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786773