Gujarat High Court ruled that approval of an IBC resolution plan extinguishes all pre-existing tax liabilities, overriding the Income Tax Department’s powers under Section 263.

Delhi High Court stayed IBBI’s disciplinary order against an insolvency professional, holding that violation of natural justice and possible bias warranted judicial intervention at this stage.

Bombay High Court ruled that an arbitration clause in tax invoices accepted without objection qualifies as a valid arbitration agreement under Section 7, allowing reference to arbitration under Section 11.

NCLAT clarified that an application under Section 95 of the IBC against a personal guarantor is maintainable even when no CIRP or liquidation proceedings are pending against the corporate debtor.

NCLAT clarified that a Section 9 IBC application cannot be admitted when email correspondence and unresolved account reconciliation indicate a pre-existing dispute between the parties.