Appeal abates once NCLT approves Resolution Plan, says CESTAT in Patanjali Food’s Appeal [Read Order]

Appeal - NCLT - Resolution Plan - Patanjali - CESTAT - Patanjali Foods appeal - taxscan

The Bangalore Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) held that the appeal would abate once resolution plans are approved by the National Company Law Tribunal. Therefore, the tribunal rejects Patanjali Food’s appeal. The appellant, Patanjali Foods Limited, filed the appeal under Section 129A of the Customs Act, 1962 against the order…

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