The case involves an application by the Excise and Taxation Commissioner, Haryana, seeking acceptance of a claim for tax assessment for the financial years 2016-17 and 2017-18, and to modify/set aside the resolution plan approved by the Committee of Creditors (CoC). The Corporate Debtor entered into CIRP on 18.07.2018. The applicant filed claims for tax dues, which were initially accepted by the Resolution Professional (RP). However, the RP later stated that they lacked jurisdiction to consider revised claims submitted after the CoC approved the resolution plan. Another application was filed by HSIIDC Ltd. seeking directions to the RP to accept objections regarding the resolution plan and payment of enhanced costs for a demised plot allotted to the Corporate Debtor.
…The Excise and Taxation Commissioner, Haryana, filed an application seeking acceptance of tax assessment claims for the financial years 2016-17 and 2017-18. The Corporate Debtor, Lakshmi Precisions Screws Ltd., entered into CIRP on 18.07.2018. The applicant initially filed claims that were accepted by the RP, but the RP later stated a lack of jurisdiction to consider revised claims after CoC approval. HSIIDC Ltd. filed an application seeking directions to the RP to accept objections regarding the resolution plan and payment of enhanced costs for a demised plot. HSIIDC allotted plot No.257 to Lakshmi Precisions Screws Limited on 14.08.2003. The Corporate Debtor failed to pay additional costs and complete the project within the stipulated time. HSIIDC issued notices for
…Sign in to view the parties.
Corporate D…
Resolution Prof…
The case involves an application by the Excise and Taxation Commissioner, Haryana, seeking acceptance of a claim for tax assessment for the financial years 2016-17 and 2017-18, and to modify/set aside the resolution plan approved by the Committee of Creditors (CoC). The Corporate Debtor entered into CIRP on 18.07.2018. The applicant filed claims for tax dues, which were initially accepted by the Resolution Professional (RP). However, the RP later stated that they lacked jurisdiction to consider revised claims submitted after the CoC approved the resolution plan. Another application was filed by HSIIDC Ltd. seeking directions to the RP to accept objections regarding the resolution plan and payment of enhanced costs for a demised plot allotted to the Corporate Debtor.
…The Excise and Taxation Commissioner, Haryana, filed an application seeking acceptance of tax assessment claims for the financial years 2016-17 and 2017-18. The Corporate Debtor, Lakshmi Precisions Screws Ltd., entered into CIRP on 18.07.2018. The applicant initially filed claims that were accepted by the RP, but the RP later stated a lack of jurisdiction to consider revised claims after CoC approval. HSIIDC Ltd. filed an application seeking directions to the RP to accept objections regarding the resolution plan and payment of enhanced costs for a demised plot. HSIIDC allotted plot No.257 to Lakshmi Precisions Screws Limited on 14.08.2003. The Corporate Debtor failed to pay additional costs and complete the project within the stipulated time. HSIIDC issued notices for
…Corporate D…
Resolution Prof…