https://www.taxtmi.com/caselaws?id=794812 Once a resolution plan is approved in corporate insolvency resolution proceedings, claims and proceedings not forming part of that plan cannot be enforced against the corporate debtor. Applying that settled principle and the Supreme Court's approach to the effect of an approved resolution plan, the HC held that reassessment proceedings initiated after NCLT approval were unsustainable. The reassessment notice and resulting assessment order were set aside, and the writ petition was allowed in favour of the assessee. en-us Mon, 29 Jun 2026 00:00:00 +0530 Sat, 11 Jul 2026 08:46:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794812 Once a resolution plan is approved in corporate insolvency resolution proceedings, claims and proceedings not forming part of that plan cannot be enforced against the corporate debtor. Applying that settled principle and the Supreme Court's approach to the effect of an approved resolution plan, the HC held that reassessment proceedings initiated after NCLT approval were unsustainable. The reassessment notice and resulting assessment order were set aside, and the writ petition was allowed in favour of the assessee. Case-Laws Income Tax Mon, 29 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794812