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2024 (1) TMI 216 - HC - Income TaxRecourse to an appropriate remedy as Claim lodged with the Resolution Professional (RP) rejected - HELD THAT - The fact remains that respondent no. 2 is undergoing the Corporate Insolvency Resolution Process before the National Company Law Tribunal Delhi Bench NCLT . We were also informed on the previous date i.e. 11.09.2023 respondent no. 2 that the petitioner/revenue did not respond to the public announcement made by the Interim Resolution Professional (IRP). At present what cannot be denied is the fact that the moratorium u/s 14 of the Insolvency and Bankruptcy Code 2016 is operative. Therefore according to us no purpose will be served in progressing the writ petition any further. Writ petition is accordingly closed with liberty to the petitioner/revenue to approach the court if deemed appropriate albeit as per the law for reviving the petition depending on the outcome of the proceedings pending before the NCLT.
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