This case involves an application filed by the Resolution Professional (RP), now the liquidator, under Section 60(5) of the Insolvency and Bankruptcy Code (IBC) against summons issued to the RP and his team for non-payment of pre-Corporate Insolvency Resolution Process (CIRP) dues. The application also seeks directions regarding the acceptance of claims for GST dues of the pre-CIRP period, which were submitted by various GST authorities after the due date. The GST authorities in Kolkata had submitted claims that the RP could not collate due to delays. The authorities continued to issue notices and letters demanding payment of outstanding taxes for the pre-CIRP period, even issuing summons to the RP. A liquidation order has already been passed in the matter.
The Corporate Insolvency Resolution Process (CIRP) was initiated against JVL Agro Industries Ltd on 25.07.2018. The Resolution Professional (RP), now the liquidator, filed an application under Section 60(5) of the Insolvency and Bankruptcy Code (IBC) against summons issued for non-payment of pre-CIRP dues, specifically GST dues. The GST Authority, Kolkata, filed its claim with the RP on 06.04.2019, which was rejected due to delay. The RP received notices and letters from tax authorities demanding payment of outstanding taxes for the pre-CIRP period. A liquidation order was passed on 19.08.2020. The Central Board of Indirect Taxes & Customs (CBIC) issued a circular clarifying how GST dues for the pre-CIRP period should be dealt with. The RP had also obtained a new
…Sign in to view the parties.
CIRP was initiated against JVL Agro…
The GST Authority,…
This case involves an application filed by the Resolution Professional (RP), now the liquidator, under Section 60(5) of the Insolvency and Bankruptcy Code (IBC) against summons issued to the RP and his team for non-payment of pre-Corporate Insolvency Resolution Process (CIRP) dues. The application also seeks directions regarding the acceptance of claims for GST dues of the pre-CIRP period, which were submitted by various GST authorities after the due date. The GST authorities in Kolkata had submitted claims that the RP could not collate due to delays. The authorities continued to issue notices and letters demanding payment of outstanding taxes for the pre-CIRP period, even issuing summons to the RP. A liquidation order has already been passed in the matter.
The Corporate Insolvency Resolution Process (CIRP) was initiated against JVL Agro Industries Ltd on 25.07.2018. The Resolution Professional (RP), now the liquidator, filed an application under Section 60(5) of the Insolvency and Bankruptcy Code (IBC) against summons issued for non-payment of pre-CIRP dues, specifically GST dues. The GST Authority, Kolkata, filed its claim with the RP on 06.04.2019, which was rejected due to delay. The RP received notices and letters from tax authorities demanding payment of outstanding taxes for the pre-CIRP period. A liquidation order was passed on 19.08.2020. The Central Board of Indirect Taxes & Customs (CBIC) issued a circular clarifying how GST dues for the pre-CIRP period should be dealt with. The RP had also obtained a new
…CIRP was initiated against JVL Agro…
The GST Authority,…