https://www.taxtmi.com/caselaws?id=800373 Approved resolution plans bind governmental creditors and extinguish pre-CIRP claims not retained in the plan, applying the clean slate principle to government dues arising from export-obligation defaults. DEL orders issued during the statutory moratorium are void ab initio where they constitute adverse coercive action against the corporate debtor. Continuing DEL status to enforce extinguished pre-CIRP liabilities is incompatible with the binding effect of the approved plan, including where the government's operational-debt claim received nil treatment. Verification of new management credentials and action for independent fresh defaults remain permissible in accordance with law. en-us Wed, 30 Sep 2026 00:00:00 +0530 Tue, 06 Oct 2026 08:13:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800373 Approved resolution plans bind governmental creditors and extinguish pre-CIRP claims not retained in the plan, applying the clean slate principle to government dues arising from export-obligation defaults. DEL orders issued during the statutory moratorium are void ab initio where they constitute adverse coercive action against the corporate debtor. Continuing DEL status to enforce extinguished pre-CIRP liabilities is incompatible with the binding effect of the approved plan, including where the government's operational-debt claim received nil treatment. Verification of new management credentials and action for independent fresh defaults remain permissible in accordance with law. Case-Laws IBC Wed, 30 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800373