https://www.taxtmi.com/caselaws?id=798624 Approval of a clean-slate resolution plan under the Insolvency and Bankruptcy Code binds statutory authorities and settles or extinguishes pre-resolution statutory claims not preserved in the plan. Tax assessment and recovery proceedings for dues addressed under an approved plan cannot continue, because the plan supersedes enforcement of those earlier liabilities. A statutory pre-deposit made for a tax appeal forms part of the disputed demand; where the plan fully settles departmental dues, retention of that deposit beyond the plan allocation is impermissible. The related pre-deposit must therefore be released with applicable interest. en-us Mon, 07 Sep 2026 00:00:00 +0530 Thu, 10 Sep 2026 08:51:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798624 Approval of a clean-slate resolution plan under the Insolvency and Bankruptcy Code binds statutory authorities and settles or extinguishes pre-resolution statutory claims not preserved in the plan. Tax assessment and recovery proceedings for dues addressed under an approved plan cannot continue, because the plan supersedes enforcement of those earlier liabilities. A statutory pre-deposit made for a tax appeal forms part of the disputed demand; where the plan fully settles departmental dues, retention of that deposit beyond the plan allocation is impermissible. The related pre-deposit must therefore be released with applicable interest. Case-Laws VAT / Sales Tax Mon, 07 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798624