Service Tax Appeal Disposed as NCLT-Approved Resolution Plan Bars Further Proceedings

Aircel Limited Vs Commissioner of GST and Central Excise (CESTAT Chennai) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai, disposed of a service tax appeal filed by Aircel Limited after noting that a resolution plan concerning the company had already been approved by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016 (IBC). Counsel for the appellant informed the Tribunal that in Company Petition (CP) (IB) No.298/2018, the common Resolution Professional had filed Interlocutory Application No.1864/2019 before the NCLT, Mumbai Bench–...