NCLT lacks authority to declare assessment order as void under IBC: Kerala HC

Deputy Commissioner (Works Contract) Vs NCLT (Kerala High Court) Introduction: The recent judgment by the Kerala High Court in the case of Deputy Commissioner (Works Contract) versus NCLT has sparked significant debate and scrutiny. The court examined the legality of the National Company Law Tribunal’s (NCLT) decision to declare a tax assessment order as void ab initio under Section 33(5) of the Insolvency and Bankruptcy Code (IBC). This article delves into the intricacies of the case and offers a comprehensive analysis of the court’s ruling. Detailed Analysis: The crux of the matt...