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IBC - Highlights / Catch Notes

Home Highlights February 2024 Year 2024 This

CIRP - Approval of resolution plan - Entitlement to carry ...

Insolvency and Bankruptcy

February 13, 2024

CIRP - Approval of resolution plan - Entitlement to carry forward accumulated losses as per Section 79(2) of the Income Tax Act - Adjudicating Authority has issued direction to the Successful Resolution Application to approach the concerned statutory authority for the concessions - NCLAT found no error in the order of NCLT.

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