https://www.taxtmi.com/caselaws?id=792109 An approved resolution plan under the Insolvency and Bankruptcy Code, 2016 binds all stakeholders and, through the Code's overriding effect, prevails over inconsistent electricity recovery mechanisms. Public announcement of CIRP is treated as sufficient notice to statutory authorities, and claims not filed during CIRP are extinguished once the resolution plan is approved. Accordingly, post-resolution demand notices cannot enforce pre-CIRP electricity dues that were neither admitted nor preserved in the plan. Only liabilities arising after resolution, or separately lawfully attributable, may be pursued in accordance with law. en-us Fri, 24 Apr 2026 00:00:00 +0530 Sat, 23 May 2026 08:27:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792109 An approved resolution plan under the Insolvency and Bankruptcy Code, 2016 binds all stakeholders and, through the Code's overriding effect, prevails over inconsistent electricity recovery mechanisms. Public announcement of CIRP is treated as sufficient notice to statutory authorities, and claims not filed during CIRP are extinguished once the resolution plan is approved. Accordingly, post-resolution demand notices cannot enforce pre-CIRP electricity dues that were neither admitted nor preserved in the plan. Only liabilities arising after resolution, or separately lawfully attributable, may be pursued in accordance with law. Case-Laws IBC Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792109