https://www.taxtmi.com/caselaws?id=798976 Approval of a resolution plan under Section 31(1) binds all stakeholders, including governmental authorities, and extinguishes claims omitted from the approved plan. Where Revenue does not lodge its claim during the corporate insolvency resolution process, reassessment proceedings and consequential tax demands concerning the pre-resolution-plan period cannot be initiated or continued. Such unsubmitted tax claims do not survive resolution-plan approval, preventing further recovery action for the relevant period. en-us Fri, 11 Sep 2026 00:00:00 +0530 Tue, 15 Sep 2026 08:31:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798976 Approval of a resolution plan under Section 31(1) binds all stakeholders, including governmental authorities, and extinguishes claims omitted from the approved plan. Where Revenue does not lodge its claim during the corporate insolvency resolution process, reassessment proceedings and consequential tax demands concerning the pre-resolution-plan period cannot be initiated or continued. Such unsubmitted tax claims do not survive resolution-plan approval, preventing further recovery action for the relevant period. Case-Laws Income Tax Fri, 11 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798976