Posted inBlog
NCLT Mumbai Rules Tax Refund Adjustments Invalid During IBC Moratorium
NCLT Mumbai holds income tax refund adjustments invalid during the IBC moratorium, ordering the release of funds in PMT Machines insolvency.
Posted inBlog
NCLT Mumbai Rules Income Tax Refund Set-Off Impermissible During CIRP Moratorium
NCLT Mumbai orders the restoration of tax refunds adjusted against pre-CIRP dues, reinforcing the strict enforcement of the insolvency moratorium.