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TMI Blog2021 (9) TMI 523X X X X Extracts X X X X X X X X Extracts X X X X ..... ssee by: Ms. Gunjan Jain, CA Revenue by: Ms. Sunita Singh, CIT DR ORDER PER PRASHANT MAHARISHI, A. M. 1. These are the three appeals filed in by the HBN Dairies and Allied Ltd for Assessment Year 2012-13, 2013-14, and 2014-15. Two appeals are filed by the assessee in ITA No. 1833 & 1834/Del/2017 for Assessment Year: 2012-13 & 2013-14 and one appeal in ITA no 5277/Del/2017 is filed by the Deput ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... N Dairies & Allied Limited, the NCLT Principal Bench had passed an order dated 14.08.2018 in CP (IB) No.547/PB/2018, admitting the petition under section 7 of the IBC, 2016 and insolvency resolution professional has been appointed. The movement an order is passed referring the assessee for resolution u/s seven of the IBC 2016, the administration of the company rest with the insurance resolution pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fficer, according to the provisions of Section 14 of IBC 2016, no proceedings of suits against the company can continue until the insolvency resolution process is complete. Therefore, the appeal filed by the learned AO is also deserves to be dismissed with a liberty to the AO that he may file an application for recall of this order after the moratorium period is over. 6. In the result all, these ..... X X X X Extracts X X X X X X X X Extracts X X X X
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