SC Quashes Post-CIRP Tax Demands, Contempt for established for Ignoring Resolution Plan

JSW Steel Limited Vs Pratishtha Thakur Haritwal & Ors. (Supreme Court of India) The Supreme Court addressed a contempt petition filed by JSW Steel Limited alleging willful disobedience of its earlier judgment dated 13 April 2021 in Ghanshyam Mishra and Sons Private Limited v. Edelweiss Asset Reconstruction Company Limited and others. The petitioner argued that authorities in Chhattisgarh issued tax demand notices for periods predating approval of the company’s resolution plan, despite the Supreme Court’s ruling that all such pre-resolution claims stand extinguished unless included in t...