This is a Company Appeal (AT) (Insolvency) No. 414 of 2020 filed by the Liquidator of Kaliber Associates Pvt. Ltd. against an order dated 7th February 2020. The Liquidator is aggrieved by the fact that the Income Tax Assessment of the Corporate Debtor was done during the moratorium period. The Liquidator argues that the assessment cannot be made during the moratorium period.
Mohan Lal Jain, in the capacity of Liquidator of Kaliber Associates Pvt. Ltd., filed an appeal against the Income Tax Officer. The appeal was filed because the Income Tax Assessment of the Corporate Debtor (Kaliber Associates Pvt. Ltd.) was conducted during the moratorium period. The Liquidator argued that such assessment should not be allowed during the moratorium. The Income Tax Department's claim has to be received by the Resolution Professional/Liquidator. The court dismissed the appeal.
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This is a Company Appeal (AT) (Insolvency) No. 414 of 2020 filed by the Liquidator of Kaliber Associates Pvt. Ltd. against an order dated 7th February 2020. The Liquidator is aggrieved by the fact that the Income Tax Assessment of the Corporate Debtor was done during the moratorium period. The Liquidator argues that the assessment cannot be made during the moratorium period.
Mohan Lal Jain, in the capacity of Liquidator of Kaliber Associates Pvt. Ltd., filed an appeal against the Income Tax Officer. The appeal was filed because the Income Tax Assessment of the Corporate Debtor (Kaliber Associates Pvt. Ltd.) was conducted during the moratorium period. The Liquidator argued that such assessment should not be allowed during the moratorium. The Income Tax Department's claim has to be received by the Resolution Professional/Liquidator. The court dismissed the appeal.
Order was passed…
The Liquidator moved…
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