Assessment Order After NCLT Resolution Plan Liable to be Quashed

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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