NCLAT Declines Interference in Liquidation Over Time-Barred Tax Claim

State of Tamil Nadu Vs S. Muthuraju (NCLAT Chennai) The appeal before the National Company Law Appellate Tribunal, Chennai Bench, arose from the rejection of a tax claim filed by the Appellant in the liquidation proceedings of a corporate debtor. The tax liabilities related to various assessment orders for assessment years from 2003–2004 to 2016–2017. The corporate debtor was ordered to be liquidated by the National Company Law Tribunal, Chennai, on 21.06.2018 in CP/611/IB/2017, and liquidation commenced on the same date. A public notice inviting claims was issued on 27.06.2018, fixing 26....