https://www.taxtmi.com/caselaws?id=789116 An outstanding income-tax demand could not be enforced against the corporate debtor after approval of the resolution plan under the Insolvency and Bankruptcy Code, because the revenue did not lodge or preserve its claim during the insolvency process and the approved plan recorded nil payment toward statutory dues. Where the creditor had knowledge of the corporate insolvency resolution proceedings but failed to establish that the demand was included in or protected by the plan, the demand could not survive against the assessee. The appeal was treated as infructuous because no effective relief remained once the demand became unenforceable. en-us Mon, 02 Mar 2026 00:00:00 +0530 Fri, 03 Apr 2026 08:49:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789116 An outstanding income-tax demand could not be enforced against the corporate debtor after approval of the resolution plan under the Insolvency and Bankruptcy Code, because the revenue did not lodge or preserve its claim during the insolvency process and the approved plan recorded nil payment toward statutory dues. Where the creditor had knowledge of the corporate insolvency resolution proceedings but failed to establish that the demand was included in or protected by the plan, the demand could not survive against the assessee. The appeal was treated as infructuous because no effective relief remained once the demand became unenforceable. Case-Laws Income Tax Mon, 02 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789116