https://www.taxtmi.com/caselaws?id=798187 Unfiled customs claims arising from pre-CIRP imports constitute claims under the IBC because a right to payment need not be adjudicated, quantified, or crystallised before insolvency commencement. The Customs Department must submit such claims through the CIRP public-announcement process. Once a resolution plan is approved under section 31(1), it binds governmental authorities and may extinguish unfiled pre-CIRP claims. Customs authorities may determine liability during CIRP, but cannot adjudicate or enforce an extinguished claim after plan approval; the IBC prevails over inconsistent Customs Act provisions. en-us Wed, 02 Sep 2026 00:00:00 +0530 Thu, 03 Sep 2026 08:20:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798187 Unfiled customs claims arising from pre-CIRP imports constitute claims under the IBC because a right to payment need not be adjudicated, quantified, or crystallised before insolvency commencement. The Customs Department must submit such claims through the CIRP public-announcement process. Once a resolution plan is approved under section 31(1), it binds governmental authorities and may extinguish unfiled pre-CIRP claims. Customs authorities may determine liability during CIRP, but cannot adjudicate or enforce an extinguished claim after plan approval; the IBC prevails over inconsistent Customs Act provisions. Case-Laws Customs Wed, 02 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798187