https://www.taxtmi.com/caselaws?id=788004 The NCLAT held that exclusion of the Companies Act, 2013 for multi-State co-operative societies under the Multi-State Co-operative Societies Act, 2002 did not oust IBC jurisdiction, and the NCLT could entertain disputes arising from CIRP under section 60(5)(c). It further held that unilateral adjustment of dividends and share-related amounts against the appellant's dues during CIRP and after approval of the resolution plan was impermissible, so refund was justified. Interest on the refund was, however, modified to run from 04.03.2025, the date the refund application was filed, rather than from each adjustment date. en-us Thu, 12 Mar 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788004 The NCLAT held that exclusion of the Companies Act, 2013 for multi-State co-operative societies under the Multi-State Co-operative Societies Act, 2002 did not oust IBC jurisdiction, and the NCLT could entertain disputes arising from CIRP under section 60(5)(c). It further held that unilateral adjustment of dividends and share-related amounts against the appellant's dues during CIRP and after approval of the resolution plan was impermissible, so refund was justified. Interest on the refund was, however, modified to run from 04.03.2025, the date the refund application was filed, rather than from each adjustment date. Case-Laws IBC Thu, 12 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788004