https://www.taxtmi.com/caselaws?id=788001 The moratorium under the Insolvency Code bars continuation of assessment proceedings by a statutory authority during CIRP and excludes claims founded on assessments completed during the moratorium; such claims were held inadmissible. Claims filed after committee of creditors' approval of a resolution plan are barred because CIRP is time bound and reopening after plan approval undermines finality; belated claims were rejected. Adverse findings against the resolution professional for alleged non-disclosure of pending proceedings were expunged for lack of proof that the proceedings were notified to the IRP/RP or wilfully concealed by management; the appeals were allowed and the impugned admission set aside. en-us Tue, 10 Mar 2026 00:00:00 +0530 Thu, 12 Mar 2026 18:26:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788001 The moratorium under the Insolvency Code bars continuation of assessment proceedings by a statutory authority during CIRP and excludes claims founded on assessments completed during the moratorium; such claims were held inadmissible. Claims filed after committee of creditors' approval of a resolution plan are barred because CIRP is time bound and reopening after plan approval undermines finality; belated claims were rejected. Adverse findings against the resolution professional for alleged non-disclosure of pending proceedings were expunged for lack of proof that the proceedings were notified to the IRP/RP or wilfully concealed by management; the appeals were allowed and the impugned admission set aside. Case-Laws IBC Tue, 10 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788001