Absence of claim not Forming Part of Resolution Plan: Gujarat HC quashes Demand Notice and Assessment Order [Read Order]

Gujarat HC quashed demand notice and assessment order in the absence of claim not forming part of resolution plan
By Kalyani B. Nair - On April 19, 2024 1:47 pm - 2 mins read
Absence of claim - Forming Part - Resolution Plan - Gujarat HC - Demand Notice - Assessment Order - taxscan

The Gujarat High Court quashed demand notice and assessment order in the absence of claim not forming part of resolution plan. It is the case the petitioner that as per clause 12.3 (viii) of the resolution plan as approved by the National Company Law Tribunal ( NCLT ), the resolution applicant will not be liable…

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