https://www.taxtmi.com/caselaws?id=467003 NCLT-approved resolution plans under Section 31 of the Insolvency and Bankruptcy Code bind all stakeholders and extinguish claims arising before approval that are not included in the plan. The 2019 amendment and the principle in Ghanashyam Mishra support the freezing of such omitted claims, preventing their continuation after plan approval. GST and customs authorities are required to lodge claims within the prescribed insolvency-resolution timeline under the applicable SOP. Where a resolution plan has been approved, pending proceedings concerning pre-approval claims may abate, and the adjudicatory forum may lack further jurisdiction to continue them. en-us Tue, 24 Sep 2024 00:00:00 +0530 Sun, 01 Mar 2026 10:28:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467003 NCLT-approved resolution plans under Section 31 of the Insolvency and Bankruptcy Code bind all stakeholders and extinguish claims arising before approval that are not included in the plan. The 2019 amendment and the principle in Ghanashyam Mishra support the freezing of such omitted claims, preventing their continuation after plan approval. GST and customs authorities are required to lodge claims within the prescribed insolvency-resolution timeline under the applicable SOP. Where a resolution plan has been approved, pending proceedings concerning pre-approval claims may abate, and the adjudicatory forum may lack further jurisdiction to continue them. Case-Laws Service Tax Tue, 24 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467003