This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Appeals were abated post RP approval by NCLT under IBC as it became non-est in law
Case Law Details
- Case Name
- Commissioner of Central Tax Visakhapatnam – I Vs Tata Steel Limited (CESTAT Hyderabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All CESTAT, CESTAT Hyderabad
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Commissioner of Central Tax Visakhapatnam – I Vs Tata Steel Limited (CESTAT Hyderabad)
Conclusion: Any orders passed beyond Tribunal’s vested powers would be non-est in law (invalid) and that these appeals had become infructuous due to the resolution plan’s approval, with no further issues for adjudication. Commissioner’s appeals were deemed abated with effect from May 15, 2018, and Tribunal dismissed the matter accordingly.
Held: Assessee-company acquired Bhushan Steel Limited through a resolution plan approved by the NCLT on May 15, 2018, as part of the Corporate Insolvency Reso...
Author Info
