Appeal Before CESTAT is not valid when NCLT Approved Resolution Plan on Insolvency Proceedings: CESTAT dismisses Appeal by Jet Airways

Appeal - CESTAT - NCLT - Resolution Plan on Insolvency Proceedings - CESTAT dismisses Appeal - Resolution Plan - Insolvency Proceedings - Jet Airways - taxscan

The Mumbai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that appeal before CESTAT is not valid when National Company Law Tribunal (NCLT) approved a resolution plan on insolvency proceedings and dismissed the Jet Airways (India) Limited         A show cause notice proceedings initiated under Section 73(1A) of the…

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