12 August 2024


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NCLAT: Cannot Withhold Income Tax Refund Received by Bank During CIRP In CD's Account - 11.07.2025

NCLAT New Delhi bench has held that during the Corporate Insolvency Resolution Process, Income Tax Refund received by the bank in the corporate debtor's account cannot be withheld.

Tags : NCLAT New Delhi Income Tax Refund Corporate Debtor

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