Tag: Income tax demand on companies referred to IBC

Legal Digest | Why a resolution plan under IBC means a fresh start or clean slate – CNBC TV18

Case 1: Delhi High Court says a resolution plan under IBC indicates a fresh start  In a decision of far-reaching magnitude, especially for the government, the Delhi High Court recently in the case of The National Sewing Thread Company Limited versus Deputy Commissioner of Income Tax (2024 DHC 4771-DB)  held that once a resolution plan […]

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