https://www.taxtmi.com/caselaws?id=467003 Whether an NCLT approved resolution plan extinguishes pre approval claims and bars continuation of parallel tax appeals: the analysis applies the binding effect of an approved resolution plan under Section 31 IBC and the 2019 clarification, relying on the ratio in Ghanashyam Mishra that claims not included in an approved plan are frozen and extinguished; administrative SOPs require filing claims within prescribed timelines. Applying these principles to the filed approved plan, the article records the conclusion that continuation of the appeal is barred, the tribunal is functus officio, and pre approval claims stand extinguished, producing abatement of the appeal in favour of the debtor. 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 Whether an NCLT approved resolution plan extinguishes pre approval claims and bars continuation of parallel tax appeals: the analysis applies the binding effect of an approved resolution plan under Section 31 IBC and the 2019 clarification, relying on the ratio in Ghanashyam Mishra that claims not included in an approved plan are frozen and extinguished; administrative SOPs require filing claims within prescribed timelines. Applying these principles to the filed approved plan, the article records the conclusion that continuation of the appeal is barred, the tribunal is functus officio, and pre approval claims stand extinguished, producing abatement of the appeal in favour of the debtor. Case-Laws Service Tax Tue, 24 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467003