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Key Year End Audit Considerations
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Evolution of Audit: From Paper to Pixels
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Non-Repatriable Investment by NRIs and OCIs under FEMA: An Analysis – Part – 1
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President and CEO of The Institute of Internal Auditors
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Feature Wise Listing for 2024-25

September 2025

Goods And Services Tax

By Puloma Dalal | Jayesh Gogri | Mandar Telang, Chartered Accountants

Reading Time 11 mins

HIGH COURT

44. (2025) 30 Centax 95 (All.) Arena

Superstructures Pvt. Ltd. vs. Union of India

dated 21.04.2025

Once a Resolution Plan is approved by the NCLT, no fresh claims can be raised thereafter by anyone including by tax authorities

FACTS

Petitioner went into the Corporate Insolvency Resolution Process (CIRP) on 10.10.2020. A formal notice was issued to respondent informing them of the commencement of the CIRP process by resolution professional. On 19.07.2022, the National Company Law Tribunal (NCLT) approved the Resolution Plan. However, on 04.02.2025, the respondent passed an order confirming demand for F.Y. 2017–18 under section 74(9) of the CGST Act. Being aggrieved, the petitioner filed a writ petition before the Hon’ble High Court.

HELD

The Hon’ble High Court relying on

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