Ghanashyam Mishra And Sons. v. Edelweiss Asset Reconstruction

126 Taxmann.com 132Supreme Court of India2021#488 most cited

What is Ghanashyam Mishra And Sons. v. Edelweiss Asset Reconstruction authority for?

Once a resolution plan is approved under Section 31(1) of the IBC, claims not included in the plan are extinguished and cannot be pursued. This applies to statutory dues owed to the government and other authorities.

192

judgments rely on this decision, according to BharatTax’s citation analysis of 366,470 Indian tax judgments — from 2022 to 2026.

Also referred to as

Ghanashyam Mishra · Edelweiss Asset Reconstruction · Section 31 IBC · resolution plan · extinguished claims · statutory dues · government claims · corporate debtor · NCLT approval

Issues it is cited on

Judgments citing Ghanashyam Mishra And Sons. v. Edelweiss Asset Reconstruction

Infiniti Metal Products India Limited(Formerly Known As Endeavour Industries Limited), Hyderabad vs. Asst. Commissioner of Income Tax, Circle-2(2), Hyderabad

In the result, the appeal of assessee is dismissed in limine

ITA 793/HYD/2018[2007-08]Status: DisposedITAT Hyderabad11 Oct 2022AY 2007-08

Bench: Shri Inturi Rama Rao & Shri Laliet Kumarassessment Year: 2007-08 M/S. Infiniti Metal Products India Vs. Asst. Commissioner Of Income Limited Tax, Circle 2(2), Hyderabad. (Formerly Known As Endeavour Industries Ltd.) Hyderabad. Pan Aaace8007E (Appellant) (Respondent) Assessee By: Shri M.V. Joshi, Ca Revenue By: Shri T.Vijaya Bhaskar Reddy, Dr Date Of Hearing: 10.10.2022 Date Of Pronouncement: 11.10.2022

For Appellant: Shri M.V. Joshi, CAFor Respondent: Shri T.Vijaya Bhaskar Reddy, DR
Section 13Section 31Section 7

…आयकर अपीलीय अिधकरण, हैदराबाद पीठ म" IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES “A”, HYDERABAD BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER & SHRI LALIET KUMAR, JUDICIAL MEMBER Assessment Year: 2007-08 M/s. Infiniti Metal Products India Vs. Asst. Commissioner of Income Limited Tax, Circle 2(2), Hyderabad. (Formerly known as Endeavour Industries Ltd.) Hyderabad. PAN AAACE8007E (Appellant) (Respondent) Assessee by: Shri M.V. Joshi, CA Revenue by: Shri T.Vijaya Bhaskar Reddy, DR Date of hearing: 10.10.2022 Date of pronouncement: 11.10.2022 आदेश / ORDER PER SHRI INTURI RAMA RAO, AM : This appeal filed…