Court Quashes Demand Notice And Assessment Order In Absence Of Any Claim Not Forming Part Of Resolution Plan: Gujarat High Court
In a significant legal development, the Gujarat High Court, in the case of Surya Exim Limited Thro Director Bhawani Singh Versus Union Of India & Ors., delivered a judgment on January 23, 2024, specifically addressing the approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016. Case Details: The case involved Surya Exim Limited, represented by Director Bhawani Singh, in a dispute with the Union of India and…