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2022 (5) TMI 820 - AT - Income TaxClaim before the Insolvency Resolution Professional basing on the demand notice/competition sheet and outstanding demand taken- crystalized liabilities and unclaimed liabilities of the Corporate Debtor - HELD THAT:- We are of the considered opinion that the Revenue is also bound by the Resolution plan as accepted by the NCLT and not entitled to anything more than what is provided therein. It is submitted across the Bar by the Ld. AR that the Revenue did not prefer any appeal against the order passed by the NCLT. Amount provided under the resolution plan is only Rs. 22 Lakhs as against the claim of the Revenue to the tune of Rs. 5.93 Crores and therefore, the assessee cannot have any grievance in disposing-of these appeals in tune with the orders of the NCLT. Appeals are disposed-of accordingly.
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