https://www.taxtmi.com/caselaws?id=802408 Approved resolution plans bind government creditors under Section 31 of the Insolvency and Bankruptcy Code, and Section 238 gives the Code priority over inconsistent laws. The clean slate principle protects the successful resolution applicant from pre-plan tax claims excluded from the plan; a reservation for statutory obligations does not revive an excluded income-tax claim. Reassessment provisions address income chargeable to tax that has escaped assessment and cannot be used to pursue the excluded claim or collect evidence against former management or third parties. Other lawful investigative avenues remain available without requiring the resolved corporate debtor to participate in reassessment. en-us Mon, 26 Oct 2026 00:00:00 +0530 Thu, 05 Nov 2026 07:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802408 Approved resolution plans bind government creditors under Section 31 of the Insolvency and Bankruptcy Code, and Section 238 gives the Code priority over inconsistent laws. The clean slate principle protects the successful resolution applicant from pre-plan tax claims excluded from the plan; a reservation for statutory obligations does not revive an excluded income-tax claim. Reassessment provisions address income chargeable to tax that has escaped assessment and cannot be used to pursue the excluded claim or collect evidence against former management or third parties. Other lawful investigative avenues remain available without requiring the resolved corporate debtor to participate in reassessment. Case-Laws Income Tax Mon, 26 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802408