M/s ARENA SUPERSTRUCTURE PRIVATE LIMITED
Vs.
UNION OF INDIA & ORS.
WRIT TAX No. 1716 of 2025
HIGH COURT : Allahabad
DATED: 21.04.2025
Citation: 2025 Taxo.online 536
Court quashed assessment order issued after resolution plan approved by NCLT
Assessment Order issued during corporate insolvency resolution process – Order and notice issued after resolution plan approved by NCLT
Held: Writ petition allowed – As laid by Supreme court once resolution plan approved all other creditors barred from raising claims subsequently as same would disrupt entire resolution process – Impunged notice & order quashed.
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