PCIT v. Monnet Ispat & Energy Ltd.

18 SCC 789Reported decision2018#3620 most cited

What is PCIT v. Monnet Ispat & Energy Ltd. authority for?

The Insolvency and Bankruptcy Code (IBC) overrides other laws, including the Income Tax Act, due to its non-obstante clause in Section 238. Proceedings initiated against a corporate debtor undergoing insolvency are prohibited under Section 14 of the IBC.

33

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2022 to 2025.

Also referred to as

PCIT v. Monnet Ispat & Energy Ltd. · 18 SCC 789 · Section 238 IBC · Section 14 IBC · Section 178(6) Income Tax Act · overriding effect of IBC · corporate insolvency · prohibition of suits · NCLT

Issues it is cited on

section 14(1)(a)section 178(6)section 178section 31(1)section 14(1)section 238section 31section 33section 17section 5(1)section 23section 154

Judgments citing PCIT v. Monnet Ispat & Energy Ltd.

VIJAYGROUP HOUSING PRIVATE LIMITED,MUMBAI vs. NFAC CIT(A), MUMBAI

In the result, appeal of the assessee is dismissed

ITA 5281/MUM/2024[2016-17]Status: DisposedITAT Mumbai29 Apr 2025AY 2016-17

Bench: Raj Kumar Chauhan & Shri Om Prakash Kant

Section 14Section 143(1)Section 144B(8)Section 148Section 250

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “F”, MUMBAI BEFORE RAJ KUMAR CHAUHAN, JUDICIAL MEMBER AND SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER ITA No. 5280/MUM/2024 AY: 2019-20 & ITA No. 5281/MUM/2024 AY: 2016-17 Vijaygroup Housing Pvt Ltd. National Faceless Appeal 708 Raheja Centre, 7th Floor, Centre CIT(A), Mumbai Free Press Marg, Nariman Aayakar Bhavan, R. NO. 528, Vs. Point, Mumbai 400021 5th Floor, Mumbai 400020 PAN: AADCN1474D (Appellant) (Respondent) Assessee Represented by : Shri. RAjnish Vohra a/w. Mr. Parth Gupta Department Represented by : Shri. Pravin Salunkhe, Sr. DR Date of conclusion of Heari…

VIJAYGROUP HOUSING PVT LTD,MUMBAI vs. NFAC CIT(A), MUMBAI

In the result, appeal of the assessee is dismissed

ITA 5280/MUM/2024[2019-20]Status: DisposedITAT Mumbai29 Apr 2025AY 2019-20

Bench: Raj Kumar Chauhan & Shri Om Prakash Kant

Section 14Section 143(1)Section 144B(8)Section 148Section 250

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “F”, MUMBAI BEFORE RAJ KUMAR CHAUHAN, JUDICIAL MEMBER AND SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER ITA No. 5280/MUM/2024 AY: 2019-20 & ITA No. 5281/MUM/2024 AY: 2016-17 Vijaygroup Housing Pvt Ltd. National Faceless Appeal 708 Raheja Centre, 7th Floor, Centre CIT(A), Mumbai Free Press Marg, Nariman Aayakar Bhavan, R. NO. 528, Vs. Point, Mumbai 400021 5th Floor, Mumbai 400020 PAN: AADCN1474D (Appellant) (Respondent) Assessee Represented by : Shri. RAjnish Vohra a/w. Mr. Parth Gupta Department Represented by : Shri. Pravin Salunkhe, Sr. DR Date of conclusion of Heari…

M/S KOHINOOR STEEL PVT. LTD.,KOLKATA vs. I.T.O.,WARD-3(3), KOLKATA

In the result, the appeal filed by the assessee in ITA No

ITA 27/KOL/2020[2012-13]Status: DisposedITAT Kolkata19 Feb 2024AY 2012-13

Bench: Dr. Manish Borad & Shri Anikesh Banerjee]

Section 14Section 143(3)Section 15Section 250Section 68Section 9

…x Court in 13 I.T.A. No.27/Kol/2020 Assessment Years: 2012-13 M/s Kohinoor Steel Pvt. Ltd. the cases of Innoventive Industries Limited v. ICICI Bank and Another (2018) 1 SCC 407, Principal Commissioner of Income Tax v. Monnet Ispat and Energy Limited (2018) 18 SCC 786 and Ghanashyam Mishra and Sons Private Limited through the Authorised Signatory v. Edelweiss Asset Reconstruction Company Limited through the Director and Others (2021) 9 SCC 657. 9.8. In view of the above, we are of the view that as per section 31 of the Code, resolution plan as and when approved by the Adjudicating Authority shall be binding…

DCIT CEN CIR 5(2), MUMBAI vs. SATRA PROPERTIES (INDIA) LTD, MUMBAI

ITA 4796/MUM/2017[2011-12]Status: DisposedITAT Mumbai05 Dec 2022AY 2011-12

Bench: Shri Prashant Maharishi & Shri Sandeep Singh Karhail

For Appellant: NoneFor Respondent: Shri Prabhat Kumar Gupta
Section 14Section 14(1)(a)Section 238Section 250Section 31(1)Section 33

…have been allowed to continue. 5. We find that as regards filing / continuation of appeal under the provisions of the Act, during the continuation of moratorium period is concerned, the Hon’ble Delhi High Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– M/s. Satra Properties (India) Ltd. ITA no.3812/Mum./2017 ITA no.4796/Mum./2017 “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, i…

SATRA PROPERTIES (INDIA) LTD,MUMBAI vs. DCIT CEN CIR 5(2), MUMBAI

ITA 3812/MUM/2017[2011-12]Status: DisposedITAT Mumbai05 Dec 2022AY 2011-12

Bench: Shri Prashant Maharishi & Shri Sandeep Singh Karhail

For Appellant: NoneFor Respondent: Shri Prabhat Kumar Gupta
Section 14Section 14(1)(a)Section 238Section 250Section 31(1)Section 33

…IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER AND SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA no.3812/Mum./2017 (Assessment Year : 2011–12) M/s. Satra Properties (India) Ltd. Dev Plaza, 2nd Floor, Opp. Andheri Fire Station ……………. Appellant S.V. Road, Andheri (West) Mumbai 400 058 PAN AAACE1835C v/s Dy. Commissioner of Income Tax …………….Respondent Central Circle–33, Mumbai ITA no.4796/Mum./2017 (Assessment Year : 2011–12) Dy. Commissioner of Income Tax ……………. Appellant Central Circle–5(2), Mumbai v/s M/s. Satra Properties (India) Ltd. Dev Plaza, 2nd…

DCIT 15(3)(1), MUMBAI vs. RELIANCE TELECOM LTD., NAVI MUMBAI

In the result, the appeal of the assessee and revenue are dismissed

ITA 2669/MUM/2016[2008-09]Status: DisposedITAT Mumbai17 Oct 2022AY 2008-09

Bench: Shri Aby T Varkey & Shri Amarjit Singhthe Dy. Commissioner Of Vs. M/S Reliance Telecom Income Tax 15(3)(1) Ltd., H-Block, 1St Floor, Room No. 451, 4 Th Floor, Dakc, Koparkhairane, Aayakar Bhavan, Navi Mumbai - 400710 Maharshi Karve Road, Mumbai – 400020 स्थायी लेखा सं./जीआइआर सं./ Pan/Gir No: Aaacr2658E Respondent .. Appellant Reliance Telecom Ltd., Vs. The Dy. Commissioner Of “Bhq”, Block, 2Nd Floor, Income Tax 15(3)(1) Dhirubhai Ambani Aayakar Bhavan, Knowledge City, Maharshi Karve Road, Navi Mumbai – 400710 Mumbai – 400020 स्थायी लेखा सं./जीआइआर सं./ Pan/Gir No: Aaacr2658E Respondent .. Appellant

For Appellant: Amit KhatiwalaFor Respondent: Ajay Chandra
Section 14Section 14(1)(a)Section 31(1)Section 33

…he provisions of the Act, during the continuation of moratorium period is concerned, we find that Hon‟ble Delhi High ITA No.2669 &1193/Mum/2016 A.Y.2008-09 4 The DCIT15(3)(1) Vs. M/s Reliance Telecom Ltd. Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, inter alia, that on the Insolvency commencement date the Adjudicating Authority (…

RELIANCE TELECOM LTD,NAVI MUMBAI vs. DCIT 3(3), MUMBAI

In the result, the appeal of the assessee and revenue are dismissed

ITA 1193/MUM/2016[2008-09]Status: DisposedITAT Mumbai17 Oct 2022AY 2008-09

Bench: Shri Aby T Varkey & Shri Amarjit Singhthe Dy. Commissioner Of Vs. M/S Reliance Telecom Income Tax 15(3)(1) Ltd., H-Block, 1St Floor, Room No. 451, 4 Th Floor, Dakc, Koparkhairane, Aayakar Bhavan, Navi Mumbai - 400710 Maharshi Karve Road, Mumbai – 400020 स्थायी लेखा सं./जीआइआर सं./ Pan/Gir No: Aaacr2658E Respondent .. Appellant Reliance Telecom Ltd., Vs. The Dy. Commissioner Of “Bhq”, Block, 2Nd Floor, Income Tax 15(3)(1) Dhirubhai Ambani Aayakar Bhavan, Knowledge City, Maharshi Karve Road, Navi Mumbai – 400710 Mumbai – 400020 स्थायी लेखा सं./जीआइआर सं./ Pan/Gir No: Aaacr2658E Respondent .. Appellant

For Appellant: Amit KhatiwalaFor Respondent: Ajay Chandra
Section 14Section 14(1)(a)Section 31(1)Section 33

…he provisions of the Act, during the continuation of moratorium period is concerned, we find that Hon‟ble Delhi High ITA No.2669 &1193/Mum/2016 A.Y.2008-09 4 The DCIT15(3)(1) Vs. M/s Reliance Telecom Ltd. Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, inter alia, that on the Insolvency commencement date the Adjudicating Authority (…

DCIT (TDS) 2(1), MUMBAI vs. RELIANCE COMMUNICATIONS INFRASRUCTURE LTD, NAVI MUMBAI

In the result, appeals of the Revenue are dismissed

ITA 2988/MUM/2017[2012-13]Status: DisposedITAT Mumbai17 Aug 2022AY 2012-13
Section 14Section 14(1)(a)Section 201Section 201(1)Section 31(1)Section 33Section 7

…disposed of with liberty to the Appellant Department to revive them subject to the further orders of the NCLT.” 8. The aforesaid decision of the Hon‟ble Delhi High Court was affirmed by the Hon’ble Supreme Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 18 SCC 789. The Hon‟ble Supreme Court also upheld the overriding nature and supremacy of the provisions of the Code over any other enactment in case of conflicting provisions by virtue of non obstante clause contained in section 238 of the Code. Thus, we are of the considered view that the present cross appeals are a continuation of pending Suit against the…

DCIT (TDS) 2(1), MUMBAI vs. RELIANCE COMMUNICATIONS INFRASRUCTURE LTD, NAVI MUMBAI

In the result, appeals of the Revenue are dismissed

ITA 2987/MUM/2017[2011-12]Status: DisposedITAT Mumbai17 Aug 2022AY 2011-12
Section 14Section 14(1)(a)Section 201Section 201(1)Section 31(1)Section 33Section 7

…down in the said sections are satisfied. Insofar as filing/continuation of appeal under the provisions of the Act, during the continuation of moratorium period is concerned, we find that Hon’ble Delhi High Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, inter alia, that on the Insolvency commencement date the Adjudicating Authority (…

GLOBAL SOFTECH LTD,MUMBAI vs. DCIT CC 5(3), MUMBAI

In the result, appeals by the assessee are dismissed

ITA 1329/MUM/2018[2014-15]Status: DisposedITAT Mumbai11 Aug 2022AY 2014-15

Bench: Shri Om Prakash Kant & Shri Sandeep Singh Karhail

For Appellant: NoneFor Respondent: Shri Rakesh Ranjan
Section 14Section 14(1)(a)Section 238Section 250Section 31(1)Section 33Section 7

…have been allowed to continue. 7. We find that as regards filing / continuation of appeal under the provisions of the Act, during the continuation of moratorium period is concerned, the Hon’ble Delhi High Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith M/s. Global Softech Ltd. A.Y. 2008–09, 2009–10, 2011–12, 2013–14, and 2014–15, contained in any other law for the time being in force. Section 14(1)(a) of the Code states, i…

GLOBAL SOFTECH LTD,MUMBAI vs. DCIT CC 5(3), MUMBAI

In the result, appeals by the assessee are dismissed

ITA 1328/MUM/2018[2013-14]Status: DisposedITAT Mumbai11 Aug 2022AY 2013-14

Bench: Shri Om Prakash Kant & Shri Sandeep Singh Karhail

For Appellant: NoneFor Respondent: Shri Rakesh Ranjan
Section 14Section 14(1)(a)Section 238Section 250Section 31(1)Section 33Section 7

…disposed of with liberty to the Appellant Department to revive them subject to the further orders of the NCLT.” 8. The aforesaid decision of the Hon’ble Delhi High Court was affirmed by the Hon’ble Supreme Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 18 SCC 789. The Hon’ble Supreme Court also upheld the overriding nature and supremacy of the provisions of the Code over any other enactment in case of conflicting provisions by virtue of non obstante clause contained in section 238 of the Code. Thus, we are of the considered view that the present appeals are a continuation of pending Suit against the Corpor…

GLOBAL SOFTECH LTD,MUMBAI vs. DCIT CC 5(3), MUMBAI

In the result, appeals by the assessee are dismissed

ITA 1327/MUM/2018[2011-12]Status: DisposedITAT Mumbai11 Aug 2022AY 2011-12

Bench: Shri Om Prakash Kant & Shri Sandeep Singh Karhail

For Appellant: NoneFor Respondent: Shri Rakesh Ranjan
Section 14Section 14(1)(a)Section 238Section 250Section 31(1)Section 33Section 7

…disposed of with liberty to the Appellant Department to revive them subject to the further orders of the NCLT.” 8. The aforesaid decision of the Hon’ble Delhi High Court was affirmed by the Hon’ble Supreme Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 18 SCC 789. The Hon’ble Supreme Court also upheld the overriding nature and supremacy of the provisions of the Code over any other enactment in case of conflicting provisions by virtue of non obstante clause contained in section 238 of the Code. Thus, we are of the considered view that the present appeals are a continuation of pending Suit against the Corpor…

GLOBAL SOFTECH LTD,MUMBAI vs. DCIT CC 5(3), MUMBAI

In the result, appeals by the assessee are dismissed

ITA 1326/MUM/2018[2009-10]Status: DisposedITAT Mumbai11 Aug 2022AY 2009-10

Bench: Shri Om Prakash Kant & Shri Sandeep Singh Karhail

For Appellant: NoneFor Respondent: Shri Rakesh Ranjan
Section 14Section 14(1)(a)Section 238Section 250Section 31(1)Section 33Section 7

…disposed of with liberty to the Appellant Department to revive them subject to the further orders of the NCLT.” 8. The aforesaid decision of the Hon’ble Delhi High Court was affirmed by the Hon’ble Supreme Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 18 SCC 789. The Hon’ble Supreme Court also upheld the overriding nature and supremacy of the provisions of the Code over any other enactment in case of conflicting provisions by virtue of non obstante clause contained in section 238 of the Code. Thus, we are of the considered view that the present appeals are a continuation of pending Suit against the Corpor…

GLOBAL SOFTECH LTD,MUMBAI vs. DCIT CC 5(3), MUMBAI

In the result, appeals by the assessee are dismissed

ITA 1325/MUM/2018[2008-09]Status: DisposedITAT Mumbai11 Aug 2022AY 2008-09

Bench: Shri Om Prakash Kant & Shri Sandeep Singh Karhail

For Appellant: NoneFor Respondent: Shri Rakesh Ranjan
Section 14Section 14(1)(a)Section 238Section 250Section 31(1)Section 33Section 7

…disposed of with liberty to the Appellant Department to revive them subject to the further orders of the NCLT.” 8. The aforesaid decision of the Hon’ble Delhi High Court was affirmed by the Hon’ble Supreme Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 18 SCC 789. The Hon’ble Supreme Court also upheld the overriding nature and supremacy of the provisions of the Code over any other enactment in case of conflicting provisions by virtue of non obstante clause contained in section 238 of the Code. Thus, we are of the considered view that the present appeals are a continuation of pending Suit against the Corpor…

JCIT (OSD)-8(1)(1), MUMBAI vs. M/S RELIANCE COMMUNICATION INFRASTRUCTURE LTD, MUMBAI

In the result, cross appeals are dismissed

ITA 4554/MUM/2019[2015-16]Status: DisposedITAT Mumbai14 Jul 2022AY 2015-16

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

For Appellant: Shri Rishabh Jaisani a/wFor Respondent: Ms. Samruddhi D. Hande, Sr. AR
Section 14Section 14(1)(a)Section 250Section 31(1)Section 33Section 7

…down in the said sections are satisfied. Insofar as filing/continuation of appeal under the provisions of the Act, during the continuation of moratorium period is concerned, we find that Hon‟ble Delhi High Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, inter alia, that on the Insolvency commencement date the Adjudicating Authority…

RELIANCE COMMUNICATIONS INFRASTRUCTURE LTD.,,MUMBAI vs. ACIT-8(1)(1), MUMBAI

In the result, cross appeals are dismissed

ITA 4207/MUM/2019[2014-15]Status: DisposedITAT Mumbai14 Jul 2022AY 2014-15

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

For Appellant: Shri Rishabh Jaisani a/wFor Respondent: Ms. Samruddhi D. Hande, Sr. AR
Section 14Section 14(1)(a)Section 250Section 31(1)Section 33Section 7

…down in the said sections are satisfied. Insofar as filing/continuation of appeal under the provisions of the Act, during the continuation of moratorium period is concerned, we find that Hon‟ble Delhi High Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, inter alia, that on the Insolvency commencement date the Adjudicating Authority…

RELIANCE COMMUNICATIONS INFRASTRUCTURE LTD,NAVI MUMBAI vs. DCIT 8(1)(1), MUMBAI

In the result, cross appeals are dismissed

ITA 738/MUM/2018[2013-14]Status: DisposedITAT Mumbai14 Jul 2022AY 2013-14

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

For Appellant: Shri Rishabh Jaisani a/wFor Respondent: Ms. Samruddhi D. Hande, Sr. AR
Section 14Section 14(1)(a)Section 250Section 31(1)Section 33Section 7

…down in the said sections are satisfied. Insofar as filing/continuation of appeal under the provisions of the Act, during the continuation of moratorium period is concerned, we find that Hon‟ble Delhi High Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, inter alia, that on the Insolvency commencement date the Adjudicating Authority…

RELIANCE COMMUNICATION LTD,NAVI MUMBAI vs. DCIT 15(3)(1), MUMBAI

In the result, cross appeals are dismissed

ITA 737/MUM/2018[2013-14]Status: DisposedITAT Mumbai14 Jul 2022AY 2013-14

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

For Appellant: Shri Rishabh Jaisani a/wFor Respondent: Ms. Samruddhi D. Hande, Sr. AR
Section 14Section 250Section 31(1)Section 33Section 9

…he provisions of the Act, during the continuation of moratorium period is concerned, we Reliance Communications Ltd. A.Y. 2009–10, 2010–11, 2011–12, 2012-13, 2013-14 and 2014-15 find that Hon‟ble Delhi High Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, inter alia, that on the Insolvency commencement date the Adjudicating Authority…

RELIANCE COMMUNICATION LTD,NAVI MUMBAI vs. DCIT 15(3)(1), MUMBAI

In the result, cross appeals are dismissed

ITA 736/MUM/2018[2012-13]Status: DisposedITAT Mumbai14 Jul 2022AY 2012-13

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

For Appellant: Shri Rishabh Jaisani a/wFor Respondent: Ms. Samruddhi D. Hande, Sr. AR
Section 14Section 250Section 31(1)Section 33Section 9

…he provisions of the Act, during the continuation of moratorium period is concerned, we Reliance Communications Ltd. A.Y. 2009–10, 2010–11, 2011–12, 2012-13, 2013-14 and 2014-15 find that Hon‟ble Delhi High Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, inter alia, that on the Insolvency commencement date the Adjudicating Authority…

JT.CIT (OSD) - CIR. - 15(3)(1), MUMBAI vs. RELIANCE COMMUNICATION LTD, NAVI MUMBAI

In the result, cross appeals are dismissed

ITA 735/MUM/2018[2013-14]Status: DisposedITAT Mumbai14 Jul 2022AY 2013-14

Bench: Shri Pramod Kumar & Shri Sandeep Singh Karhail

For Appellant: Shri Rishabh Jaisani a/wFor Respondent: Ms. Samruddhi D. Hande, Sr. AR
Section 14Section 250Section 31(1)Section 33Section 9

…he provisions of the Act, during the continuation of moratorium period is concerned, we Reliance Communications Ltd. A.Y. 2009–10, 2010–11, 2011–12, 2012-13, 2013-14 and 2014-15 find that Hon‟ble Delhi High Court in PCIT v/s Monnet Ispat & Energy Ltd., [2018] 304 CTR 234 (Del.), observed as under:– “2. It appears to the Court that Section 238 of the Code is categorical that the Code will apply, notwithstanding anything Inconsistent therewith contained in any other law for the time being in force. Section 14(1)(a) of the Code states, inter alia, that on the Insolvency commencement date the Adjudicating Authority…

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PCIT v. Monnet Ispat & Energy Ltd. (18 SCC 789) — Cited in 33 Judgments | BharatTax