https://www.taxtmi.com/caselaws?id=790869 Once a resolution plan is approved under the Insolvency and Bankruptcy Code, claims covered by the plan bind all stakeholders, while claims not included in the plan stand extinguished. The successful resolution applicant acquires the corporate debtor on a fresh slate, so pre-CIRP liabilities not reflected in the approved plan cannot later be enforced. On these facts, demand and assessment notices relating to periods before the CIRP and outside the resolution plan were not sustainable and were set aside. en-us Wed, 22 Apr 2026 00:00:00 +0530 Sat, 02 May 2026 07:40:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790869 Once a resolution plan is approved under the Insolvency and Bankruptcy Code, claims covered by the plan bind all stakeholders, while claims not included in the plan stand extinguished. The successful resolution applicant acquires the corporate debtor on a fresh slate, so pre-CIRP liabilities not reflected in the approved plan cannot later be enforced. On these facts, demand and assessment notices relating to periods before the CIRP and outside the resolution plan were not sustainable and were set aside. Case-Laws IBC Wed, 22 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790869