https://www.taxtmi.com/caselaws?id=794777 Pre-CIRP claims not included in an approved resolution plan stand extinguished by operation of the Insolvency and Bankruptcy Code, and a successful resolution applicant cannot be burdened with excluded or undecided liabilities. Where the disputed claims arose before commencement of CIRP, the statutory moratorium required creditors to pursue them in the insolvency process. Once the resolution plan was approved, any claim not forming part of that plan ceased to survive, so an arbitral award based on such extinguished claims could not be sustained and was liable to be set aside. en-us Wed, 01 Jul 2026 00:00:00 +0530 Sat, 11 Jul 2026 08:46:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794777 Pre-CIRP claims not included in an approved resolution plan stand extinguished by operation of the Insolvency and Bankruptcy Code, and a successful resolution applicant cannot be burdened with excluded or undecided liabilities. Where the disputed claims arose before commencement of CIRP, the statutory moratorium required creditors to pursue them in the insolvency process. Once the resolution plan was approved, any claim not forming part of that plan ceased to survive, so an arbitral award based on such extinguished claims could not be sustained and was liable to be set aside. Case-Laws IBC Wed, 01 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794777