The case involves an appeal filed by the Commercial Tax Department against an order dated 25.08.2022, where the department was treated as an unsecured creditor in the resolution plan of M/s Rajpal Abhikaran Pvt. Ltd. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor (CD) after an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 was filed by M/s Chandraudai Automobiles Pvt. Ltd. The Adjudicating Authority admitted the application. The appellant's claim of Rs. 12,61,57,345/-, filed vide Form B dated 29.07.2021, was not considered as a secured debt, which led to the appeal. The appellant relied on a Supreme Court decision in the case of State Tax Officer (1) Vs. Rainbow Papers Limited to argue that their

The case involves an appeal filed by the Commercial Tax Department against an order dated 25.08.2022, where the department was treated as an unsecured creditor in the resolution plan of M/s Rajpal Abhikaran Pvt. Ltd. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor (CD) after an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 was filed by M/s Chandraudai Automobiles Pvt. Ltd. The Adjudicating Authority admitted the application. The appellant's claim of Rs. 12,61,57,345/-, filed vide Form B dated 29.07.2021, was not considered as a secured debt, which led to the appeal. The appellant relied on a Supreme Court decision in the case of State Tax Officer (1) Vs. Rainbow Papers Limited to argue that their