https://www.taxtmi.com/article/detailed?id=15914 A resolution plan approved under the Insolvency and Bankruptcy Code prevents fresh demands for periods prior to approval; where a tax department participated in insolvency proceedings and its claims were considered and quantified in the resolution process, it cannot raise new pre-plan demands or pursue recovery that would saddle the incoming management, and such post-approval recovery attempts can be set aside. en-us Sat, 21 Feb 2026 09:31:19 +0530 Sat, 21 Feb 2026 09:31:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15914 A resolution plan approved under the Insolvency and Bankruptcy Code prevents fresh demands for periods prior to approval; where a tax department participated in insolvency proceedings and its claims were considered and quantified in the resolution process, it cannot raise new pre-plan demands or pursue recovery that would saddle the incoming management, and such post-approval recovery attempts can be set aside. Articles Corporate Laws / IBC / SEBI Sat, 21 Feb 2026 09:31:19 +0530 https://www.taxtmi.com/article/detailed?id=15914