https://www.taxtmi.com/caselaws?id=795311 Gratuity and leave encashment payable to an employee who superannuates during the corporate insolvency resolution process do not fall within insolvency resolution process costs. The exhaustive definition of such costs covers the resolution professional's remuneration and expenses actually incurred by the resolution professional during the process. Gratuity is a terminal benefit arising on cessation of employment, not an expense incurred by the resolution professional or salary for services during the process. Leave encashment is similarly excluded and must be dealt with under the resolution-plan framework and the Code's prescribed payment priority. en-us Fri, 17 Jul 2026 00:00:00 +0530 Tue, 21 Jul 2026 08:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795311 Gratuity and leave encashment payable to an employee who superannuates during the corporate insolvency resolution process do not fall within insolvency resolution process costs. The exhaustive definition of such costs covers the resolution professional's remuneration and expenses actually incurred by the resolution professional during the process. Gratuity is a terminal benefit arising on cessation of employment, not an expense incurred by the resolution professional or salary for services during the process. Leave encashment is similarly excluded and must be dealt with under the resolution-plan framework and the Code's prescribed payment priority. Case-Laws IBC Fri, 17 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795311