TMI Blog2024 (3) TMI 679X X X X Extracts X X X X X X X X Extracts X X X X ..... the Insolvency Resolution Process (CIRP under IBC) - HELD THAT:- In absence of any consequence shown to have been provided by any law and in face of any other undoubted position that registration granted may apply prospectively and further since the petitioner is not claiming the registration retrospectively, it is found constrained to observe that the order rejecting the grant of registration is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... i Ankur Agarwal, learned Standing Counsel for the revenue. 2. Undoubtedly, the petitioner is a successful Resolution Applicant in the Plan submitted by the Applicant to the National Company Law Tribunal through the Insolvency Resolution Professional (IRP). 3. There is also no doubt that the Resolution Plan has found acceptance by the NCLT vide order dated 17.4.2023. The Registering Authority under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... set aside by order dated 20.2.2024 passed in Writ Tax No. 190 of 2024 (K V Development Private Limited vs State of U.P. 2 Ors.) , that writ petition is disposed of with the following observation: 5. Accordingly, the impugned order dated 19.1.2024 is set aside at this stage itself. Matter is remitted to the respondent no.3/Assistant Commissioner, State Goods Services Tax, Lucknow, U.P to pass a fre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... undamental right to carry on business. 7. Since facts are not in dispute and the issue is wholly with respect to registration which only enables the business to abide by the regulatory laws and further since there is no objection on part of the revenue authorities that the petitioner is seeking registration for business purpose, no useful purpose would be served in keeping the petition pending or ..... X X X X Extracts X X X X X X X X Extracts X X X X
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